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C.R.S. § 10-6-127

Guaranty fund coverage

Known as the Colorado Captive Insurance Company Act

The act spans §§ 10-6-101 to 10-6-130 (20 sections).

(1) Any provision of the law to the contrary notwithstanding, no captive insurance company shall be compelled to join or contribute financially to any plan, pool, association, or guaranty or insolvency fund in this state; nor shall any captive insurance company or its insured receive any benefit from such plan, pool, association, or guaranty or insolvency fund for claims arising out of operations of such captive insurance company. (2) All policy forms or other evidence of coverage shall clearly disclose that guaranty fund coverage is not available.

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.