Colorado § 10-14-405 - Nonforfeiture benefits, cash surrender values, certificate loans, and other options.
Full text of Colorado Colorado Revised Statutes § 10-14-405 — Nonforfeiture benefits, cash surrender values, certificate loans, and other options., with citation guidance and answers to common questions.
§ 10-14-405. Nonforfeiture benefits, cash surrender values, certificate loans, and other options.
(1) For certificates issued prior to July 1, 1994, the value of every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan, or other option granted shall comply with the statutory provisions applicable immediately prior to July 1, 1993.
(2) For certificates issued on or after July 1, 1994, each certificate shall provide for paid-up nonforfeiture benefits, cash surrender values, loans, or other options in an amount and type not less than the corresponding amount ascertained in accordance with the statutes of this state applicable to life insurers issuing policies containing like benefits based upon applicable mortality tables.
Source: L. 93: Entire article amended with relocations, p. 601, § 1, effective July 1.
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Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 10-14-405
What does Colorado Revised Statutes § 10-14-405 cover?
Section 10-14-405 ("Nonforfeiture benefits, cash surrender values, certificate loans, and other options.") 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 § 10-14-405?
A common citation format is "Colorado Revised Statutes § 10-14-405" (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 § 10-14-405 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.