Every policyholder on all participating policies issued shall be permitted at the time the first dividend is declared to select from among the options set forth in the policy the manner and method of the payment of the surplus to be annually apportioned to his policy.
Source: L. 13: p. 353, § 49. C.L. § 2522. CSA: C. 87, § 63. CRS 53: § 72-3-10. C.R.S. 1963: § 72-3-10.
Structure Colorado Code
Article 3 - Regulation of Insurance Companies
§ 10-3-201. Cash Capital - Guaranty Fund - Deposit
§ 10-3-202. Surplus Ascertained - Disposition Of
§ 10-3-203. Additional Deposits - Withdrawals
§ 10-3-204. Payment of Dividends
§ 10-3-205. Manner of Paying Surplus
§ 10-3-206. Security Deposits - Certificates
§ 10-3-207. Fees Paid by Insurance Companies
§ 10-3-208. Financial Statements
§ 10-3-209. Tax on Premiums Collected - Exemptions - Penalties
§ 10-3-210. Deposit and Safekeeping of Securities
§ 10-3-211. Deposit Only Admitted Assets
§ 10-3-212. Insolvency or Impairment of Stock Insurance Company
§ 10-3-213. Investments Eligible as Admitted Assets
§ 10-3-214. Quantitative Investment Limitations - Manner of Applying
§ 10-3-215. Evidences of Indebtedness
§ 10-3-215.5. Investments in Medium- and Lower-Grade Obligations
§ 10-3-217. Federally Guaranteed or Insured Real Estate Loans
§ 10-3-218. Real Estate for Use in Company's Business
§ 10-3-219. Real Estate Acquired in Satisfaction of Indebtedness
§ 10-3-220. Real Estate for Production of Income - Definition
§ 10-3-225. Transportation Equipment Interests
§ 10-3-226. Equity Interests - Definition
§ 10-3-227. Stock for Purpose of Reinsurance, Consolidation, or Merger
§ 10-3-228.5. Securities Lending - Repurchase - Reverse Repurchase - Dollar Roll Transactions
§ 10-3-229. Investments for Purposes of Compliance in Other Jurisdictions
§ 10-3-230. Additional Investments
§ 10-3-231. Valuation of Investments
§ 10-3-232. Liens for Certain Purposes Permitted
§ 10-3-233. Disposition of Certain Real Estate
§ 10-3-234. Approval and Record of Investments
§ 10-3-235. Certain Admitted Assets Deemed Securities for Deposit Purposes
§ 10-3-236. Assets Acquired Through Merger, Consolidation, or Reinsurance
§ 10-3-237. Assets Acquired Under Prior Law
§ 10-3-239. Subordinated Indebtedness
§ 10-3-240. Approval of Investments
§ 10-3-242. Qualified Money Market Funds - Definition
§ 10-3-243. Derivative Transactions - Definitions - Restrictions - Rules