Colo. Rev. Stat. § 10-4-625

Current through 11/5/2024 election
Section 10-4-625 - Premium payments

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

L. 2003: Entire section added, p. 1563, § 3, effective July 1. L. 2008: Entire section amended, p. 386, § 1, effective August 5.

This section was originally numbered as § 10-4-622 in House Bill 03-1188 but has been renumbered on revision for ease of location.