Colorado § 10-5-113 - Revocation of broker's license.
Full text of Colorado Colorado Revised Statutes § 10-5-113 — Revocation of broker's license., with citation guidance and answers to common questions.
§ 10-5-113. Revocation of broker's license.
(1) The commissioner may revoke any surplus line broker's license:
(a) If the broker fails to file the annual statement or to remit the tax as required by this article; or
(b) If the broker fails to keep the records, or to allow the commissioner to examine the broker's records as required by this article; or
(c) For any of the causes for which a general broker's license may be revoked.
(2) The commissioner may suspend or revoke any such license whenever the commissioner deems suspension or revocation to be for the best interest of the people of this state.
(3) The procedures provided by law for the suspension or revocation of general brokers' licenses shall be applicable to suspension or revocation of a surplus line broker's license.
(4) No broker whose license has been so revoked or suspended shall again be so licensed within one year thereafter or until any fines or delinquent taxes owing by the broker have been paid.
Source: L. 49: p. 470, § 12. CSA: C. 87, § 329. CRS 53: § 72-14-12. C.R.S. 1963: § 72-13-12. L. 95: IP(1) amended, p. 496, § 14, effective May 16. L. 2001: (1)(b) amended, p. 1213, § 40, effective January 1, 2002. L. 2005: (1)(a), (2), and (4) amended, p. 736, § 3, effective January 1, 2006.
Cross references: For limitation on revocation of licenses, see article 4 of title 24; for the procedure for revocation of broker's license, see part 8 of article 2 of this title 10.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 10-5-113
What does Colorado Revised Statutes § 10-5-113 cover?
Section 10-5-113 ("Revocation of broker's license.") 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 § 10-5-113?
A common citation format is "Colorado Revised Statutes § 10-5-113" (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 § 10-5-113 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.