There shall be maintained at all times an unearned premium reserve computed on a monthly or more frequent pro rata basis. The computation of this reserve shall be based upon premium deposits other than membership fees and without any deduction for expenses and the compensation of an attorney.
Source: L. 13: p. 373, § 81. C.L. § 2554. CSA: C. 87, § 98. CRS 53: § 72-4-7. C.R.S. 1963: § 72-4-7. L. 71: p. 720, § 2. L. 75: Entire section R&RE, p. 369, § 1, effective July 1.
Structure Colorado Code
§ 10-13-101. Interinsurance Contracts
§ 10-13-102. Licensing of Solicitors
§ 10-13-103. Declaration of Subscribers
§ 10-13-104. Venue of Actions - Service of Process
§ 10-13-105. Maximum Indemnity on Single Risk
§ 10-13-106. Certificate of Authority Issued
§ 10-13-108. Annual Financial Report
§ 10-13-109. Authority Conferred on Corporations
§ 10-13-109.5. Exchange May Hold and Convey Real Estate
§ 10-13-110. Noncompliance a Misdemeanor
§ 10-13-111. Annual Certification - Revocation