Colorado § 10-1-206 - Conflict of interest.
Full text of Colorado Colorado Revised Statutes § 10-1-206 — Conflict of interest., with citation guidance and answers to common questions.
§ 10-1-206. Conflict of interest.
(1) No examiner may be appointed by the commissioner if such examiner, either directly or indirectly, has a conflict of interest or is affiliated with the management of or owns a pecuniary interest in any person subject to examination under this part 2; except that this section shall not be construed to automatically preclude an examiner from being:
(a) A policyholder or claimant under an insurance policy;
(b) A grantor of a mortgage or similar instrument on the examiner's residence to a regulated entity if done under customary terms and in the ordinary course of business;
(c) An investment owner in shares of regulated diversified investment companies; or
(d) A settlor or beneficiary of a "blind trust" into which any otherwise impermissible holdings have been placed.
(2) Notwithstanding any provision of this section to the contrary, the commissioner may retain from time to time, on an individual basis, qualified actuaries, certified public accountants, or other similar individuals who are independently practicing their professions even though such persons may from time to time be similarly employed or retained by persons subject to examination under this part 2.
Source: L. 2003: Entire article RC&RE, p. 612, § 1, effective July 1.
Editor's note: This section is similar to former § 10-1-206 as it existed prior to 2002.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 10-1-206
What does Colorado Revised Statutes § 10-1-206 cover?
Section 10-1-206 ("Conflict of interest.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 10-1-206?
A common citation format is "Colorado Revised Statutes § 10-1-206" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 10-1-206 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.