Colorado § 10-4-1803 - Definitions.
Full text of Colorado Colorado Revised Statutes § 10-4-1803 — Definitions., with citation guidance and answers to common questions.
§ 10-4-1803. Definitions.
As used in this part 18, unless the context otherwise requires:
(1) "Board" means the board of directors of the FAIR plan association created in section 10-4-1805.
(2) "Commercial property insurance" means insurance against direct loss to commercial property, including buildings and building contents, resulting from the perils of fire, perils covered under extended coverage, vandalism, or malicious mischief. "Commercial property insurance" does not include commercial automobile insurance or farm risks.
(3) "FAIR plan" or "plan" means the fair access to insurance requirements plan established by the board pursuant to section 10-4-1806.
(4) "FAIR plan association" or "association" means the fair access to insurance requirements plan association created in section 10-4-1804.
(5) "Member insurer" means any admitted company that offers or sells any property insurance, including commercial property insurance.
(6) "Property insurance" means insurance against direct loss to residential property, including buildings and building contents, resulting from the perils of fire, perils covered under extended coverage, vandalism, or malicious mischief. "Property insurance" does not include automobile insurance or farm risks.
Source: L. 2023: Entire part added, (HB 23-1288), ch. 170, p. 831, § 1, effective August 7.
Frequently Asked Questions About Colorado § 10-4-1803
What does Colorado Revised Statutes § 10-4-1803 cover?
Section 10-4-1803 ("Definitions.") 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 § 10-4-1803?
A common citation format is "Colorado Revised Statutes § 10-4-1803" (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 § 10-4-1803 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.