If the beneficiary, assignee, or other payee received the death benefits under a life insurance policy procured or effected in violation of this article, the personal representative of the insured's estate or other lawfully acting agent may maintain an action to recover the death benefits from the person receiving them.
Source: L. 2011: Entire part added, (SB 11-182), ch. 227, p. 976, § 1, effective May 27.
Structure Colorado Code