C.R.S. § 10-12-411
Conversion of domestic mutual insurer to domestic stock or other form of insurer
Redline — December 22, 2020 → current.View current text →
Current — June 23, 2021
As of December 22, 2020
Conversion of domestic mutual insurer to domestic stock or other form of insurer
(a) The method and basis for the issuance of the converted insurer’s shares of its capital stock or other indication of ownership to an independent party in connection with an investment by such independent party in an amount sufficient to restore the insurer to a sound financial condition; and
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.