Colorado Statutes
§ 10-4-502 — Legislative declaration
The purposes of this part 5 are to provide
a mechanism for the payment of covered claims under certain insurance policies, to
avoid excessive delay in payment and financial loss to claimants or policyholders
because of the insolvency of an insurer, to assist in the detection and prevention of
insurer insolvencies, and to provide an association to assess the cost of such
protection among insurers.
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Legislative History
Source: L. 71: p. 756, � 1. C.R.S. 1963: � 72-34-2.
Nearby Sections
15
§ 10-1-101
Legislative declaration§ 10-1-102
Definitions§ 10-1-105
Actuary§ 10-1-107
Personal fees prohibited§ 10-1-109
Rules of commissioner§ 10-1-111
Invoking aid of courts§ 10-1-113
No seal required on policies§ 10-1-114
Sale of premium notes prohibited§ 10-1-115
Penalty§ 10-1-116
Defamation of other companies - penalty§ 10-1-117
Company unauthorized in other states