Nothing contained in this part 6 shall be construed to authorize any insurance company to engage in any kind of insurance business not authorized by its articles of incorporation or to authorize any acquiring corporation which is not an insurance company to engage directly in the business of insurance.
Source: L. 69: p. 534, § 7. C.R.S. 1963: § 72-27-7.
Structure Colorado Code
Article 3 - Regulation of Insurance Companies
Part 6 - Exchange of Insurance Securities Act
§ 10-3-602. Exchange of Securities
§ 10-3-603. Acquiring Corporation - Definition
§ 10-3-604. Procedure for Exchange
§ 10-3-605. Filing Plan of Exchange
§ 10-3-606. Effect of Exchange
§ 10-3-607. Authorized Insurance Business and Regulatory Authority
§ 10-3-608. Domestic Company and Acquiring Corporation Separate and Distinct Entities