The premium tax credit established pursuant to this article may be transferred or sold. The office shall promulgate rules to facilitate the transfer or sale of such premium tax credits. A transfer or sale shall not affect the time schedule for taking the premium tax credit as provided in this article. Any premium tax credits recaptured pursuant to section 10-3.5-109 shall be the liability of the taxpayer who actually claimed the premium tax credits.
Source: L. 2001: Entire article added, p. 1539, § 1, effective June 9.
Structure Colorado Code
Article 3.5 - Certified Capital Companies
§ 10-3.5-102. Legislative Declaration
§ 10-3.5-104. Certification - Fees
§ 10-3.5-105. Premium Tax Credit
§ 10-3.5-106. Aggregate Limitations on Credits
§ 10-3.5-107. Requirements for Continuance of Certification - Fees
§ 10-3.5-108. Distributions - Remittance of Portion of Proceeds