Colorado § 10-3-812 - Receivership.
Full text of Colorado Colorado Revised Statutes § 10-3-812 — Receivership., with citation guidance and answers to common questions.
§ 10-3-812. Receivership.
Whenever it appears to the commissioner that any person has committed a violation of this part 8 that so impairs the financial condition of a domestic insurer as to threaten insolvency or make the further transaction of business by it hazardous to its policyholders, creditors, shareholders, or the public, the commissioner may proceed as provided in part 4 or 5 of this article.
Source: L. 2014: Entire part R&RE, (SB 14-152), ch. 312, p. 1352, § 2, effective July 1.
Editor's note: This section is similar to former § 10-3-811 as it existed prior to 2014.
Frequently Asked Questions About Colorado § 10-3-812
What does Colorado Revised Statutes § 10-3-812 cover?
Section 10-3-812 ("Receivership.") 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 § 10-3-812?
A common citation format is "Colorado Revised Statutes § 10-3-812" (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 § 10-3-812 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.