Colorado § 10-16-509 - Operational expenses.
Full text of Colorado Colorado Revised Statutes § 10-16-509 — Operational expenses., with citation guidance and answers to common questions.
§ 10-16-509. Operational expenses.
No more than thirty percent of prepaid charges in the first year of any contract, twenty-five percent of prepaid charges in the second year of any contract, and twenty percent of prepaid charges in any subsequent contract year shall be used for the marketing and administrative expenses of a prepaid dental care plan organization, including all costs related to soliciting enrollees and providers.
Source: L. 92: Entire article R&RE, p. 1720, § 1, effective July 1.
Editor's note: This section is similar to former § 10-16.5-112 as it existed prior to 1992.
Frequently Asked Questions About Colorado § 10-16-509
What does Colorado Revised Statutes § 10-16-509 cover?
Section 10-16-509 ("Operational expenses.") 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 § 10-16-509?
A common citation format is "Colorado Revised Statutes § 10-16-509" (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 § 10-16-509 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.