Colorado Statutes
§ 10-5-110 — Statement - rules
(1)Each surplus line broker and every person
that enters into an independent procurement for nonadmitted insurance shall file
with the commissioner a verified statement of all insurance transacted by the
broker or other person during the preceding reporting period. The commissioner
shall, by rule, determine the reporting period.
(2)The statement must be on forms as prescribed and furnished by the
commissioner, and must show: Gross amount of each kind of insurance transacted,
aggregate gross premiums charged, aggregate of returned premiums paid to
insureds, aggregate of net premiums, and additional information as required by the
commissioner.
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Legislative History
Source: L. 49: p. 469, � 9. CSA: C. 87, � 326. CRS 53: � 72-14-9. C.R.S. 1963: � 72-13-9. L. 2012: Entire section amended, (HB 12-1215), ch. 104, p. 353, � 3,
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