Colorado § 8-44-116 - Reversionary interests in indemnity benefits prohibited.
Full text of Colorado Colorado Revised Statutes § 8-44-116 — Reversionary interests in indemnity benefits prohibited., with citation guidance and answers to common questions.
§ 8-44-116. Reversionary interests in indemnity benefits prohibited.
No provision in a contract for insurance regulated by this article or any contract ancillary to such a contract, including specifically a contract setting up an annuity for indemnity benefits, shall establish a reversionary interest in the insurer for the indemnity benefits. Any such provision is void and unenforceable as against public policy.
Source: L. 2010: Entire section added, (SB 10-011), ch. 302, p. 1433, § 4, effective May 27.
PART 2
SELF-INSUREDS
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 8-44-116
What does Colorado Revised Statutes § 8-44-116 cover?
Section 8-44-116 ("Reversionary interests in indemnity benefits prohibited.") 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 § 8-44-116?
A common citation format is "Colorado Revised Statutes § 8-44-116" (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 § 8-44-116 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.