™Your Policy Risk Impact Agent
0 chapters · 1,275 sections in this title.
Colo. Rev. Stat. § 10-2-702 Commissions
1.6K chars
(1) No insurer or insurance producer shall pay, directly or indirectly, any commission, service fee, brokerage, or other valuable consideration to any person selling, soliciting, or negotiating insurance within this state unless, at the time such services were performed, such per…
Colo. Rev. Stat. § 10-2-704 Fiduciary responsibilities
3.5K chars
(1) (a) All premiums belonging to insurers and all unearned premiums belonging to insureds received by an insurance producer licensee under this article shall be treated by such insurance producer in a fiduciary capacity. The commissioner may promulgate such rules as are necessar…
Colo. Rev. Stat. § 10-2-705 Bail bond documents - requirements - rules
8.1K chars
(1) The insurance producer who posts a bail bond with the court on behalf of a defendant shall ensure that the following documents comply with the following provisions: (a) An indemnity agreement must: (I) Be in writing; (II) Be signed by the producer; (III) Be signed by the defe…
Colo. Rev. Stat. § 10-2-706 Insurance producer designee - responsibility
0.5K chars
An insurance producer may use another properly licensed and appointed insurance producer as an agent to comply with the requirements of section 10-2-705, but the insurance producer who posts the bail bond with the court is responsible for compliance with section 10-2-705 and is s…