Colorado § 24-14-103 - Approval of seller - premium cost.
Full text of Colorado Colorado Revised Statutes § 24-14-103 — Approval of seller - premium cost., with citation guidance and answers to common questions.
§ 24-14-103. Approval of seller - premium cost.
Any policy of insurance shall be obtained from an insurer authorized to transact business in this state and deemed by the department of personnel or the appropriate governing body of the governmental subdivision to be responsible and financially sound considering the extent of the coverage required. The premium for such insurance shall be a proper charge against the state or the appropriate governmental subdivision.
Source: L. 62: p. 178, § 3. C.R.S. 1963: § 72-16-3. L. 81: Entire section amended, p. 1291, § 16, effective January 1, 1982. L. 96: Entire section amended, p. 1516, § 47, effective June 1.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 24-14-103
What does Colorado Revised Statutes § 24-14-103 cover?
Section 24-14-103 ("Approval of seller - premium cost.") 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 § 24-14-103?
A common citation format is "Colorado Revised Statutes § 24-14-103" (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 § 24-14-103 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.