The board shall set aside such proportion as it may deem necessary of the earned premiums paid into the Pinnacol Assurance fund, as a contribution to the surplus of the fund.
Source: L. 90: Entire article R&RE, p. 537, § 1, effective July 1. L. 97: Entire section amended, p. 936, § 3, effective May 21. L. 2002: Entire section amended, p. 1873, § 10, effective July 1. L. 2003: Entire section amended, p. 2201, § 4, effective July 1. L. 2010: Entire section amended, (HB 10-1220), ch. 197, p. 854, § 15, effective July 1.
Editor's note: This section is similar to former § 8-54-112 as it existed prior to 1990.
Structure Colorado Code
Article 45 - Pinnacol Assurance
§ 8-45-101. Pinnacol Assurance - Creation - Powers and Duties
§ 8-45-102. Pinnacol Assurance Fund Created - Control of Fund
§ 8-45-105. Places of Employment Classified - Amount of Premiums
§ 8-45-106. Insurance at Cost - Board May Impose Surcharges
§ 8-45-107. Basis of Rates - Reserve - Surplus
§ 8-45-111. Portions of Premiums Paid Carried to Surplus
§ 8-45-112. Amendment of Rates - Distribution to Policyholders
§ 8-45-113. New Policies Issued - When
§ 8-45-117. Regulation by Commissioner of Insurance
§ 8-45-118. Treasurer Custodian of Fund - Disbursements
§ 8-45-119. State Treasurer to Give Separate Bond as Custodian
§ 8-45-120. State Treasurer to Invest Funds
§ 8-45-121. Visitation of Fund by Commissioner of Insurance - Annual Audit - Examination