0 chapters · 1,275 sections in this title.
Colo. Rev. Stat. § 10-3-210 Deposit and safekeeping of securities
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(1) (a) The commissioner shall give receipts for all securities deposited with the commissioner, as required or permitted by law, to the company depositing them. (b) If the company depositing securities in accordance with paragraph (a) of this subsection (1) is adjudged insolvent…
Colo. Rev. Stat. § 10-3-211 Deposit only admitted assets
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(1) Deposits made with the commissioner as permitted or required by law shall be only those admitted assets of the company that are securities eligible for the purpose of a deposit, as provided in section 10-3-235 (1) or (2). The company may deposit, withdraw, exchange, or substi…
Colo. Rev. Stat. § 10-3-212 Insolvency or impairment of stock insurance company
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A stock insurance company is deemed insolvent when its admitted assets are less than all of its liabilities, excluding from such liabilities the aggregate amount of its outstanding capital stock, and is deemed impaired when its admitted assets are less than its liabilities, inclu…
Colo. Rev. Stat. § 10-3-213 Investments eligible as admitted assets
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(1) Domestic insurance companies may invest their funds in the categories of assets described in sections 10-3-215 to 10-3-230 and 10-3-242. Every such investment shall be an admitted asset of the company; except that, if the section describing a category of asset contains a quan…