The administrator and the commissioner of insurance are authorized and directed to consult and assist one another in maintaining compliance with this article. They may jointly pursue investigations, prosecute suits, and take other official action, as may seem to them appropriate, if either of them is otherwise empowered to take the action. If the administrator is informed of a violation or suspected violation by an insurer of this article or of the insurance laws, rules, and regulations of this state, the administrator shall advise the commissioner of insurance of the circumstances.
Source: L. 2000: Entire article R&RE, p. 1229, § 1, effective July 1.
Editor's note: This section is similar to former § 5-4-111, as it existed prior to 2000.
Structure Colorado Code
Title 5 - Consumer Credit Code
§ 5-4-102. Scope - Relation to Credit Insurance Act - Applicability to Parties
§ 5-4-103. Definitions - "Consumer Credit Insurance" - "Credit Insurance Act"
§ 5-4-104. Creditor's Provision of and Charge for Insurance - Excess Amount of Charge
§ 5-4-105. Conditions Applying to Insurance to Be Provided by Creditor
§ 5-4-107. Maximum Charge by Creditor for Insurance
§ 5-4-108. Refund or Credit Required - Amount
§ 5-4-109. Existing Insurance - Choice of Insurer
§ 5-4-111. Cooperation Between Administrator and Commissioner of Insurance
§ 5-4-112. Administrative Action of Commissioner of Insurance