At any time after April 11, 1961, and before January 1, 1966, any company may file with the commissioner a written notice of its election to comply with the provisions of this part 3 after a specified date before January 1, 1966. After the filing of such notice, then upon such specified date (which shall be the operative date of this part 3 for such company) this part 3 shall become operative with respect to policies thereafter issued by such company. If a company makes no such election, the operative date of this part 3 for such company shall be January 1, 1966.
Source: L. 61: p. 469, § 19. CRS 53: § 72-20-15. C.R.S. 1963: § 72-19-15.
Structure Colorado Code
Part 3 - Standard Nonforfeiture and Valuation Act
§ 10-7-302. Compulsory Policy Provisions
§ 10-7-303. Computation of Cash Surrender Value
§ 10-7-304. Computation of Nonforfeiture Benefit
§ 10-7-305.1. Adjusted Premiums for New Policies
§ 10-7-305.2. Future Premium Determination - Standards
§ 10-7-306. Calculation of Values - Supplemental Rules
§ 10-7-306.1. Calculation of Values - New Policies
§ 10-7-309. Minimum Standard of Valuation - Rules
§ 10-7-309.5. Minimum Standards of Valuation for New Policies - Definition
§ 10-7-310. Life and Endowment Reserves
§ 10-7-310.5. Individual Annuity and Pure Endowment Reserves
§ 10-7-311. Minimum Aggregate Reserves
§ 10-7-312. Optional Standards
§ 10-7-313.1. Minimum Reserves - Exceptions
§ 10-7-313.4. Requirements of a Principle-Based Valuation
§ 10-7-313.8. Confidentiality - Definitions
§ 10-7-313.9. Single State Exemption