Colorado § 8-45-122 - Annual report.
Full text of Colorado Colorado Revised Statutes § 8-45-122 — Annual report., with citation guidance and answers to common questions.
§ 8-45-122. Annual report.
(1) The chief executive officer of Pinnacol Assurance shall submit an annual report to the governor; the business affairs and labor committee of the house of representatives; the business, labor, and technology committee of the senate; and the health and human services committees of the house of representatives and the senate, or their successor committees, reporting on the business operations, resources, and liabilities of the Pinnacol Assurance fund.
(2) The report required in subsection (1) of this section shall include the following information for the previous calendar year:
(a) The number of policies held by Pinnacol Assurance;
(b) The total assets of Pinnacol Assurance;
(c) The amount of reserves;
(d) The amount of surplus;
(e) The number of claims filed;
(f) The number of claims admitted or contested within the twenty-day period pursuant to section 8-43-203, specifying the number of contested claims that are medical only and those that are indemnity claims;
(g) The number of medical procedures denied;
(h) The amount of total compensation each executive officer or staff member receives, including bonuses or deferred compensation;
(i) The amount spent on commissions;
(j) The amount paid to trade associations for marketing fees;
(k) All information relating to bonus programs; and
(l) Any other information the chief executive officer deems relevant to the report.
Source: L. 90: Entire article R&RE, p. 542, § 1, effective July 1. L. 97: Entire section repealed, p. 1475, § 14, effective June 3. L. 2010: Entire section RC&RE, (SB 10-013), ch. 303, p. 1434, § 2, effective July 1.
Editor's note: This section is similar to former § 8-54-104.5 as it existed prior to 1990.
Frequently Asked Questions About Colorado § 8-45-122
What does Colorado Revised Statutes § 8-45-122 cover?
Section 8-45-122 ("Annual report.") 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 § 8-45-122?
A common citation format is "Colorado Revised Statutes § 8-45-122" (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 § 8-45-122 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.