Colorado Statutes
§ 10-7-708 — Prohibited practices
(1)It is unlawful for any person to procure,
or cause to be procured or effected, a policy in violation of section 10-7-703. Such
conduct is an unfair or deceptive act or practice pursuant to section 10-3-1104.
(2)It is unlawful for any person to engage in stranger originated life
insurance or otherwise wager on life. Such conduct is an unfair or deceptive
practice pursuant to section 10-3-1104.
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Legislative History
Source: L. 2011: Entire part added, (SB 11-182), ch. 227, p. 976, � 1, effective
May 27.
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