Colorado § 10-7-311 Minimum aggregate reserves

Colorado Statutes

§ 10-7-311 — Minimum aggregate reserves

Colorado § 10-7-311

Title 10Insurance

Art.Life Insurance

This text of Colorado § 10-7-311 (Minimum aggregate reserves) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 10-7-311 (2026).

Text

(1)In no event shall a company's aggregate reserves for all life insurance policies, excluding disability and accidental death benefits, issued on or after July 1, 1992, be less than the aggregate reserves calculated in accordance with the methods set forth in sections 10-7-310, 10-7-310.5, 10-7-313, and 10-7-313.1 and the mortality table or tables and rate or rates of interest used in calculating nonforfeiture benefits for such policies.

(2)In no event shall the aggregate reserves for all policies, contracts, and benefits be less than the aggregate reserves determined by the appointed actuary to be necessary to render the opinion required by section 10-7-114.

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(1) In no event shall a company's
aggregate reserves for all life insurance policies, excluding disability and
accidental death benefits, issued on or after July 1, 1992, be less than the aggregate
reserves calculated in accordance with the methods set forth in sections 10-7-310,
10-7-310.5, 10-7-313, and 10-7-313.1 and the mortality table or tables and rate or
rates of interest used in calculating nonforfeiture benefits for such policies.

(2) In no event shall the aggregate reserves for all policies, contracts, and
benefits be less than the aggregate reserves determined by the appointed actuary
to be necessary to render the opinion required by section 10-7-114.

Legislative History

Source: L. 61: p. 468, � 15. CRS 53: � 72-20-11. C.R.S. 1963: � 72-19-11. L. 77: Entire section amended, p. 527, � 7, effective July 1. L. 81: Entire section amended, p. 557, � 12, effective July 1. L. 92: Entire section amended, p. 1497, � 24, effective July 1. L. 2015: Entire section amended, (HB 15-1048), ch. 63, p. 163, � 8, effective August 5.