Colorado § 10-7-206 - Issuance and valuation of policies - annual statement.
Full text of Colorado Colorado Revised Statutes § 10-7-206 — Issuance and valuation of policies - annual statement., with citation guidance and answers to common questions.
§ 10-7-206. Issuance and valuation of policies - annual statement.
(1) Any life insurance company may issue life or endowment insurance, with or without annuities, upon the group plan, as defined in section 10-7-201, with special rates of premiums less than the usual rates of premiums for such policies. Group policies issued prior to the operative date of the "Standard Nonforfeiture and Valuation Act" may be valued on any accepted table of mortality and interest assumption adopted by the company for that purpose, but in no case shall the standard for any such policy be lower than the medico-actuarial table of mortality, or such other table of mortality as may be approved by the commissioner, with interest assumption at three and one-half percent. Group policies issued on or after the operative date of the "Standard Nonforfeiture and Valuation Act" shall be valued in accordance with the provisions of sections 10-7-309 to 10-7-313.
(2) All policies of group insurance shall be segregated by the company into separate classes, the mortality experience kept separate, and the number of policies, amount of insurance, reserves, premiums, and payments to the policyholders thereunder, together with the mortality table and interest assumption adopted by the company, shall be reported separately in the company's annual financial statement.
Source: L. 19: p. 444, § 5. C.L. § 2598. CSA: C. 87, § 168. L. 45: p. 416, § 3. CRS 53: § 72-6-6. L. 61: p. 465, § 12. C.R.S. 1963: § 72-6-6.
Cross references: For the operative date of the "Standard Nonforfeiture and Valuation Act", see § 10-7-315.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 10-7-206
What does Colorado Revised Statutes § 10-7-206 cover?
Section 10-7-206 ("Issuance and valuation of policies - annual statement.") 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 § 10-7-206?
A common citation format is "Colorado Revised Statutes § 10-7-206" (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 § 10-7-206 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.