Colorado Statutes
§ 10-5-104 — Endorsement of contract
Every insurance contract procured and
delivered as a surplus line coverage pursuant to this article shall be initialed by or
bear the name of the surplus line broker who procured it and shall have stamped
upon it the following: This contract is delivered as a surplus line coverage under
the 'Nonadmitted Insurance Act'. The insurer issuing this contract is not licensed in
Colorado but is an eligible nonadmitted insurer. There is no protection under the
provisions of the 'Colorado Insurance Guaranty Association Act'.
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Legislative History
Source: L. 49: p. 468, � 3. CSA: C. 87, � 320. CRS 53: � 72-14-3. C.R.S. 1963: � 72-13-3. L. 95: Entire section amended, p. 492, � 11, effective May 16. L. 2012: Entire section amended, (HB 12-1215), ch. 104, p. 355, � 10, effective August 8.
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