Colorado § 42-7-412 - Certificate furnished by nonresident.
Full text of Colorado Colorado Revised Statutes § 42-7-412 — Certificate furnished by nonresident., with citation guidance and answers to common questions.
§ 42-7-412. Certificate furnished by nonresident.
(1) The nonresident owner of a foreign vehicle may give proof of financial responsibility by filing with the director a written certificate of an insurance carrier authorized to transact business in the state in which the motor vehicle described in such certificate is registered or if such nonresident does not own a motor vehicle then in the state in which the insured resides and otherwise conforming to the provisions of this article 7, and the director shall accept the same upon condition that said insurance carrier complies with the following provisions of this section:
(a) Said insurance carrier shall execute a power of attorney authorizing the director to accept service on its behalf of notice or process in any action arising out of a motor vehicle crash in this state.
(b) Said insurance carrier shall duly adopt a resolution which shall be binding upon it, declaring that its policies shall be deemed to be varied to comply with the law of this state relating to the terms of motor vehicle liability policies issued in this article.
(c) Said insurance carrier shall also agree to accept as final and binding any final judgment of any court of competent jurisdiction in this state duly rendered in any action arising out of a motor vehicle crash.
(2) If any foreign insurance carrier which has qualified to furnish proof of financial responsibility defaults in any of said undertakings or agreements, the director shall not subsequently accept any certificate of said carrier, whether previously filed or subsequently tendered, as proof of financial responsibility so long as such default continues.
Source: L. 94: Entire title amended with relocations, p. 2483, § 1, effective January 1, 1995. L. 2026: IP(1), (1)(a), and (1)(c) amended, (HB 26-1237), ch. 117, p. 493, § 84, effective August 12.
ANNOTATION
This section touches on the matter of proof of insurance liability and certification. Am. Serv. Mut. Ins. Co. v. Parviz, 153 Colo. 490, 386 P.2d 982 (1963) (decided under repealed § 13-7-21, C.R.S. 1963).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 42-7-412
What does Colorado Revised Statutes § 42-7-412 cover?
Section 42-7-412 ("Certificate furnished by nonresident.") 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 § 42-7-412?
A common citation format is "Colorado Revised Statutes § 42-7-412" (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 § 42-7-412 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.