The provisions of sections 10-7-102 and 10-7-103 shall not apply to annuities, industrial policies, or corporations or associations operating on the assessment or fraternal plan; except that the commissioner may review variable annuities to ensure that such products are offered, marketed, or sold to a market suitable for such product.
Source: L. 13: p. 352, § 45. C.L. § 2518. CSA: C. 87, § 59. CRS 53: § 72-3-6. C.R.S. 1963: § 72-3-6. L. 2004: Entire section amended, p. 520, § 9, effective July 1.
Structure Colorado Code
§ 10-7-101. Valuation of Life Policies
§ 10-7-102. Life Insurance Policies - Requirements
§ 10-7-103. Life Insurance Policies - Prohibition
§ 10-7-106. Exclusive Right of Insured in Proceeds
§ 10-7-107. Nonforfeiture Benefits - Applicability
§ 10-7-108. Regulating Vouchers for Disbursements
§ 10-7-109. Suicide No Defense for Nonpayment
§ 10-7-112. Interest Payable on Benefits or Proceeds
§ 10-7-113. Acceleration of Benefits
§ 10-7-114. Actuarial Opinion of Reserves - Definition - Rules