Colorado § 10-7-313.9 - Single state exemption.
Full text of Colorado Colorado Revised Statutes § 10-7-313.9 — Single state exemption., with citation guidance and answers to common questions.
§ 10-7-313.9. Single state exemption.
(1) The commissioner may exempt specific product forms or product lines of a domestic company that is licensed and doing business only in Colorado from the requirements of section 10-7-313.3 if:
(a) The commissioner has issued an exemption in writing to the company and has not subsequently revoked the exemption in writing; and
(b) The company computes reserves using assumptions and methods used prior to the operative date of the valuation manual in addition to any requirements established by the commissioner and promulgated by rule.
(2) For any company granted an exemption under this section, sections 10-7-114 and 10-7-309 to 10-7-313.2 are applicable. With respect to any company applying this exemption, any reference to section 10-7-313.3 found in sections 10-7-114 and 10-7-309 to 10-7-313.2 is not applicable.
Source: L. 2015: Entire section added, (HB 15-1048), ch. 63, p. 171, § 12, effective August 5.
Frequently Asked Questions About Colorado § 10-7-313.9
What does Colorado Revised Statutes § 10-7-313.9 cover?
Section 10-7-313.9 ("Single state exemption.") 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 § 10-7-313.9?
A common citation format is "Colorado Revised Statutes § 10-7-313.9" (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 § 10-7-313.9 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.