The division shall make every effort to comply with the uniform process established and endorsed by the national association of insurance commissioners for applications for certificates of authority, including compliance with established deadlines for evaluating, approving, and denying applications for certificates of authority. The division shall track all aspects of the certificate of authority application process in order to monitor compliance with the uniform standards and to enable comparison with other states for purposes of determining areas for improvement.
Source: L. 2006: Entire section added, p. 76, § 2, effective March 27.
Structure Colorado Code
Article 3 - Regulation of Insurance Companies
§ 10-3-101. Formation of Insurance Companies
§ 10-3-102. Purpose of Organization or Admittance
§ 10-3-103. Names of Companies
§ 10-3-104. Unauthorized Companies - Penalties
§ 10-3-104. Unauthorized Companies - Penalties
§ 10-3-105. Certificate of Authority to Do Business - Companies Prohibited - Definitions
§ 10-3-106. Deemed Incorporated Under Corporation Law
§ 10-3-107. Appointment of Registered Agent - Commissioner Agent for Service of Process
§ 10-3-108. File Duly Certified Copy of Charter
§ 10-3-111. Violations - Penalty
§ 10-3-111. Violations - Penalty
§ 10-3-112. Directors - Terms - Election - Conflicts of Interest - Recovery of Profits
§ 10-3-113. Increase of Capital
§ 10-3-114. Violations - Penalty
§ 10-3-114. Violations - Penalty
§ 10-3-117. License Automatically Extended - When
§ 10-3-120. Investments of Officers, Directors, and Principal Stockholders
§ 10-3-121. Regulation of Proxies, Consents, or Authorizations
§ 10-3-122. Duties of Foreign Companies
§ 10-3-123. Assessment Accident Associations
§ 10-3-125. Redomestication of Foreign Insurers
§ 10-3-127. Domicile of Nonprofit Hospital, Medical-Surgical, and Health Services Corporations
§ 10-3-128. Domestic Insurer - Requirement to Maintain Offices in This State
§ 10-3-129. Prohibition - Display of Social Security Number - Insurance Companies
§ 10-3-130. Certificate of Authority Application Process - Tracking Compliance With Uniform Process
§ 10-3-131. Acts of Producers - Responsibility of Insurer - Definitions