Colorado Statutes
§ 24-51-1301 — Plan sponsored group life insurance
The board may offer
group life insurance coverage through any life insurance company qualified to do
business in Colorado or may self-fund such coverage. Life insurance coverage shall
be available to members and DPS members who voluntarily subscribe.
Notwithstanding the provisions of section 10-7-201, C.R.S., the board shall
determine the terms and conditions of coverage and may negotiate or discontinue
said coverage at any time the board determines such action to be in the best
interest of the members. Members or DPS members who have elected group life
insurance coverage shall be notified sixty days prior to any change in coverage or
discontinuance.
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Legislative History
Source: L. 87: Entire article R&RE, p. 1077, � 1, effective July 1. L. 91: Entire
section amended, p. 879, � 14, effective July 1. L. 95: Entire section amended, p.
265, � 11, effective July 1. L. 2009: Entire section amended, (SB 09-282), ch. 288, p.
1351, � 52, effective January 1, 2010.
Nearby Sections
15
§ 24-1-101
Legislative declaration§ 24-1-102
Short title§ 24-1-103
Head of department defined§ 24-1-106
Agencies not enumerated - continuation§ 24-1-109
Office of the governor§ 24-1-110
Principal departments§ 24-1-111
Department of state - creation§ 24-1-112
Department of the treasury - creation§ 24-1-113
Department of law - creation§ 24-1-115
Department of education - creation§ 24-1-117
Department of revenue - creation