Colorado Statutes
§ 10-7-619 — Viatical settlements cash fund - created
All direct and indirect
expenditures of the commissioner and the division in administering this part 6 shall
be paid from the viatical settlements cash fund, which fund is hereby created in the
state treasury. All fees collected pursuant to this part 6 shall be transmitted to the
state treasurer, who shall credit them to the viatical settlements cash fund. All
moneys credited to the viatical settlements cash fund shall be used as provided in
this section, shall not be deposited in or transferred to the general fund of this state
or to any other fund, and shall be subject to annual appropriation by the general
assembly for the purpose of defraying the expenses of the commissioner and the
division in administering this part 6. All interest derived from the deposit and
investment of
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Legislative History
Source: L. 2005: Entire part added, p. 1323, � 1, effective January 1, 2006.
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