Colorado § 10-3-507 - Continuation of delinquency proceedings.
Full text of Colorado Colorado Revised Statutes § 10-3-507 — Continuation of delinquency proceedings., with citation guidance and answers to common questions.
§ 10-3-507. Continuation of delinquency proceedings.
Every proceeding commenced prior to July 1, 1992, shall be deemed to have been commenced under this part 5 for the purpose of conducting the proceeding thereafter; except that, in the discretion of the commissioner, the proceeding may be continued, in whole or in part, as it would have been continued had this part 5 not been enacted.
Source: L. 92: Entire part R&RE, p. 1435, § 14, effective July 1.
ANNOTATION
Trial court did not err in determining that the receiver must consider and pay the claim from an out of state insurance guarantee association. Generally the association would have subrogation rights against a receiver of an insolvent insurer and the receiver would be obligated to reimburse the association. The association's settlement of the claimants' claims and payments to them entitled the association to subrogation rights of those claimants. Stephens v. Colaianna, 942 P.2d 1374 (Colo. App. 1997).
Applied in H.M.O. Sys. v. Choicecare Health Servs., Inc., 665 P.2d 635 (Colo. App. 1983).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 10-3-507
What does Colorado Revised Statutes § 10-3-507 cover?
Section 10-3-507 ("Continuation of delinquency proceedings.") 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 § 10-3-507?
A common citation format is "Colorado Revised Statutes § 10-3-507" (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 § 10-3-507 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.