Colo. Rev. Stat. § 10-1-114

Current through 11/5/2024 election
Section 10-1-114 - Sale of premium notes prohibited

It is unlawful for any insurance company or any agent thereof who has accepted a premium note in payment for a policy of insurance to hypothecate, sell, assign, dispose of, or attempt to collect said note prior to the delivery of said insurance policy to the applicant.

C.R.S. § 10-1-114

L. 2003: Entire article RC&RE, p. 598, § 1, effective July 1.

This section is similar to former § 10-1-118 as it existed prior to 2002.