Colorado § 10-4-1802 - Legislative declaration.
Full text of Colorado Colorado Revised Statutes § 10-4-1802 — Legislative declaration., with citation guidance and answers to common questions.
§ 10-4-1802. Legislative declaration.
(1) The general assembly finds that:
(a) The impacts of climate change have resulted in an increasing frequency of natural disasters in Colorado;
(b) Colorado experienced three of the largest wildfires in its history in the last five years, and the 2021 Marshall fire resulted in the loss of over one thousand homes and commercial properties;
(c) The growing threats posed by wildfires and other natural disasters in Colorado have put new pressure on the residential and commercial insurance markets; and
(d) If homeowners and commercial property owners are unable to secure insurance coverage for the homes and properties in their communities, the lack of coverage will frustrate and erode those communities' housing and commercial property markets.
(2) The general assembly declares that it is imperative to establish and make available to Colorado homeowners and commercial property owners an insurance plan that:
(a) Ensures stability in the property insurance market for property located in Colorado and provides opportunity for the private insurance market to adapt to changing conditions;
(b) Ensures the availability of property insurance for residents of Colorado; and
(c) Complements the private market by requiring consumers to purchase coverage through the private market when possible.
Source: L. 2023: Entire part added, (HB 23-1288), ch. 170, p. 830, § 1, effective August 7.
Frequently Asked Questions About Colorado § 10-4-1802
What does Colorado Revised Statutes § 10-4-1802 cover?
Section 10-4-1802 ("Legislative declaration.") 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 § 10-4-1802?
A common citation format is "Colorado Revised Statutes § 10-4-1802" (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 § 10-4-1802 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.