Colorado § 10-6-122 - Reinsurance.
Full text of Colorado Colorado Revised Statutes § 10-6-122 — Reinsurance., with citation guidance and answers to common questions.
§ 10-6-122. Reinsurance.
(1) Except as otherwise provided in subsection (2) of this section, any captive insurance company authorized to do business in this state may take credit for reserves on risks ceded to a reinsurer pursuant to part 7 of article 3 of this title and any applicable rules.
(2) Notwithstanding the provisions of subsection (1) of this section, any captive insurance company may cede risks to a reinsurer not meeting the standards of said subsection (1) and may take reserve credits if the captive insurance company receives prior written approval from the commissioner.
Source: L. 72: p. 436, § 1. C.R.S. 1963: § 72-36-22. L. 94: Entire section R&RE, p. 549, § 13, effective April 6. L. 2014: (1) amended, (HB 14-1315), ch. 295, p. 1218, § 6, effective January 1, 2015.
Cross references: For reinsurance generally, see § 10-3-701.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 10-6-122
What does Colorado Revised Statutes § 10-6-122 cover?
Section 10-6-122 ("Reinsurance.") 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 § 10-6-122?
A common citation format is "Colorado Revised Statutes § 10-6-122" (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 § 10-6-122 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.