Colorado Statutes
§ 10-5-105 — Surplus line insurance valid
Insurance contracts procured as
surplus line coverage from nonadmitted insurers in accordance with this article
shall be fully valid and enforceable as to all parties and shall be given recognition in
all matters and respects to the same effect as like contracts issued by admitted
insurers.
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Legislative History
Source: L. 49: p. 468, � 4. CSA: C. 87, � 321. CRS 53: � 72-14-4. C.R.S. 1963: � 72-13-4. L. 95: Entire section amended, p. 492, � 12, effective May 16.
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