Colorado § 10-5-109 Records of surplus line broker

Colorado Statutes

§ 10-5-109 — Records of surplus line broker

Colorado·Title 10 Insurance·Art. Nonadmitted Insurance

Each licensed surplus line broker
shall keep in the broker's office a full and true record of each surplus line contract
procured by the broker, including a copy of the daily report, if any, showing such of
the following items as may be applicable: Amount of the insurance; gross premiums
charged; return premium paid, if any; rate of premium charged upon the several
items of property; effective date of the contract and the terms thereof; name and
address of the insurer; name and address of the insured; brief general description
of property insured and where located; other information as may be required by the
commissioner. The record shall at all times be open to examination by the
commissioner.

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Each licensed surplus line broker
shall keep in the broker's office a full and true record of each surplus line contract
procured by the broker, including a copy of the daily report, if any, showing such of
the following items as may be applicable: Amount of the insurance; gross premiums
charged; return premium paid, if any; rate of premium charged upon the several
items of property; effective date of the contract and the terms thereof; name and
address of the insurer; name and address of the insured; brief general description
of property insured and where located; other information as may be required by the
commissioner. The record shall at all times be open to examination by the
commissioner.

Colorado § 10-5-109 (Records of surplus line broker) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 49: p. 469, � 8. CSA: C. 87, � 325. CRS 53: � 72-14-8. C.R.S. 1963: � 72-13-8. L. 2001: Entire section amended, p. 1213, � 39, effective January 1, 2002.