Colorado Statutes
§ 10-7-506 — Computation of cash surrender benefit
Colorado § 10-7-506
This text of Colorado § 10-7-506 (Computation of cash surrender benefit) 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. § 10-7-506 (2026).
Text
For contracts which
provide cash surrender benefits, such cash surrender benefits available prior to
maturity shall not be less than the present value as of the date of surrender of that
portion of the maturity value of the paid-up annuity benefit which would be
provided under the contract at maturity arising from considerations paid prior to the
time of cash surrender reduced by the amount appropriate to reflect any prior
withdrawals from or partial surrenders of the contract, such present value being
calculated on the basis of an interest rate not more than one percent higher than
the interest rate specified in the contract for accumulating the net considerations
to determine such maturity value, decreased by the amount of any indebtedness to
the company on the contract, includ
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Legislative History
Source: L. 77: Entire part added, p. 530, � 11, effective July 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
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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 statesCite This Page — Counsel Stack
Bluebook (online)
Colorado § 10-7-506, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/10/10-7-506.