Colorado § 10-19-114.5 - Penalties.
Full text of Colorado Colorado Revised Statutes § 10-19-114.5 — Penalties., with citation guidance and answers to common questions.
§ 10-19-114.5. Penalties.
In addition to any other penalties provided by the laws of Colorado, any carrier or any producer who violates any requirement of Colorado law relating to the regulation of long-term care insurance or the marketing of such insurance shall be subject to a fine of up to three times the amount of any commissions paid for each policy involved in the violation or up to ten thousand dollars, whichever is greater.
Source: L. 95: Entire section added, p. 924, § 24, effective May 25.
Frequently Asked Questions About Colorado § 10-19-114.5
What does Colorado Revised Statutes § 10-19-114.5 cover?
Section 10-19-114.5 ("Penalties.") 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 § 10-19-114.5?
A common citation format is "Colorado Revised Statutes § 10-19-114.5" (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 § 10-19-114.5 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.