The commissioner shall issue rules establishing monthly, quarterly, semiannual, and annual premium payments for persons who are required to purchase insurance under this part 6. An insurer providing a plan for payments on a basis that is more frequent than quarterly need not also provide a quarterly payment plan. An insurer's plan for payments may provide for payment of an advance deposit premium.
C.R.S. § 10-4-625
This section was originally numbered as § 10-4-622 in House Bill 03-1188 but has been renumbered on revision for ease of location.