Colorado Statutes
§ 10-7-108 — Regulating vouchers for disbursements
No domestic life
insurance company shall make any disbursement unless the same is evidenced by a
voucher correctly describing the consideration for the payment. If the expenditure
is for both services and disbursements, the voucher shall set forth the services
rendered and an itemized statement of the disbursements made. If the expenditure
is in connection with any matter pending before any legislative or public body, or
before any department or officer of any state or government, the voucher shall
correctly describe, in addition, the nature of the matter and of the interest of such
company therein. When such voucher cannot be obtained, the expenditure shall be
evidenced by an affidavit describing the character and object of the expenditure
and stating the reason for not obtainin
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Legislative History
Source: L. 13: p. 354, � 51. C.L. � 2524. CSA: C. 87, � 66. CRS 53: � 72-3-13. C.R.S. 1963: � 72-3-13. L. 71: p. 717, � 1.
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