Colorado § 10-12-108 - Mutual insurance companies - corporation policyholders.
Full text of Colorado Colorado Revised Statutes § 10-12-108 — Mutual insurance companies - corporation policyholders., with citation guidance and answers to common questions.
§ 10-12-108. Mutual insurance companies - corporation policyholders.
Any public or private corporation, board, or association in this state or elsewhere may make applications and enter into agreements for and hold policies in any domestic or foreign mutual insurance company. Any officer, stockholder, trustee, or legal representative of any such corporation, board, or association or any estate may be recognized as acting for or on its behalf for the purpose of such membership but shall not be personally liable upon such contract of insurance by reason of acting in such representative capacity. The right of any corporation organized under the laws of this state to participate as a member of any such mutual insurance company is declared to be incidental to the purpose for which such corporation is organized and as much granted as the rights and powers expressly conferred.
Source: L. 21: p. 465, § 8. C.L. § 2564. CSA: C. 87, § 134. CRS 53: § 72-5-8. L. 55: p. 457, § 1. C.R.S. 1963: § 72-5-8.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 10-12-108
What does Colorado Revised Statutes § 10-12-108 cover?
Section 10-12-108 ("Mutual insurance companies - corporation policyholders.") 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 § 10-12-108?
A common citation format is "Colorado Revised Statutes § 10-12-108" (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 § 10-12-108 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.