A cooperative shall not perform any activity included in the definition of transacting insurance business in this state, as provided in section 10-3-903 , except as otherwise authorized in the powers, duties, and responsibilities of cooperatives as set forth in section 10-16-1009 . A cooperative shall not establish or engage in the activities of a health maintenance organization.
C.R.S. § 10-16-1007
Prohibition on cooperatives transacting insurance business
Known as the Colorado Health Care Coverage Act
The act spans §§ 10–10 (274 sections).
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.