Colorado § 10-13-103 - Declaration of subscribers.
Full text of Colorado Colorado Revised Statutes § 10-13-103 — Declaration of subscribers., with citation guidance and answers to common questions.
§ 10-13-103. Declaration of subscribers.
(1) Such subscribers so contracting among themselves shall through their attorney file with the commissioner of this state a declaration verified by the oath of such attorney setting forth:
(a) The name or title of the office at which such subscribers propose to exchange such indemnity contracts. Such name or title shall not be so similar to any other name or title previously adopted by a similar organization or by any insurance corporation or association as in the opinion of the commissioner is calculated to result in confusion or deception.
(b) The kind of insurance to be effected or exchanged;
(c) A copy of the form of policy contract or agreement under or by which such insurance is to be effected or exchanged;
(d) A copy of the form of power of attorney or other authority of such attorney under which such insurance is to be effected or exchanged, which shall show the allowance for expense;
(e) The location of the office from which such contracts or agreements are to be issued;
(f) That applications have been made for indemnity upon at least one hundred separate risks aggregating not less than one and one-half million dollars, as represented by executed contracts or bona fide applications to become concurrently effective, or, in case of liability or compensation insurance, covering a total payroll of not less than one and one-half million dollars;
(g) A financial statement in such form as the commissioner may require;
(h) Such other information as the commissioner may deem necessary for the protection of the public.
Source: L. 13: p. 373, § 81. L. 15: p. 273, § 1. C.L. § 2554. CSA: C. 87, § 98. CRS 53: § 72-4-3. C.R.S. 1963: § 72-4-3.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 10-13-103
What does Colorado Revised Statutes § 10-13-103 cover?
Section 10-13-103 ("Declaration of subscribers.") 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 § 10-13-103?
A common citation format is "Colorado Revised Statutes § 10-13-103" (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 § 10-13-103 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.