Colorado § 10-4-1608 - Required record keeping.
Full text of Colorado Colorado Revised Statutes § 10-4-1608 — Required record keeping., with citation guidance and answers to common questions.
§ 10-4-1608. Required record keeping.
(1) A provider shall keep accurate accounts, books, and records concerning transactions regulated under this part 16.
(2) A provider's accounts, books, and records must include:
(a) Copies of each type of service contract sold;
(b) The name and address of each service contract holder to the extent that the name and address have been furnished by the service contract holder;
(c) A list of the locations where service contracts are marketed, sold, or offered for sale; and
(d) Written claims files containing at least the dates and descriptions of all claims related to the service contracts.
(3) Except as set forth in subsection (5) of this section, a provider shall retain all records required under this section for at least one year after the specified period of coverage has expired.
(4) The records required under this section may be, but are not required to be, maintained in electronic form or other record-keeping technology. If the records are maintained in other than hard copy, the records must be capable of duplication to legible hard copy at the request of the commissioner.
(5) A provider discontinuing business in this state shall maintain its records until it has discharged all obligations to contract holders in this state.
Source: L. 2014: Entire part added, (HB 14-1199), ch. 204, p. 749, § 2, effective January 1, 2015.
Frequently Asked Questions About Colorado § 10-4-1608
What does Colorado Revised Statutes § 10-4-1608 cover?
Section 10-4-1608 ("Required record keeping.") 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 § 10-4-1608?
A common citation format is "Colorado Revised Statutes § 10-4-1608" (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 § 10-4-1608 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.