reglab/housing_qa huggingface dataset:
CO Code § 10-4-1606 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 16 - Consumer Goods Service Contracts|§ 10-4-1606. Required Disclosures - Service Contracts

  Service contracts marketed, sold, offered for sale, issued, made, proposed to be made, or administered in this state must be written, printed, or typed in clear, understandable language that is easy to read.    Service contracts insured under a reimbursement insurance policy must contain a statement in substantially the following form: “Obligations of the provider under this service contract are insured under a service contract reimbursement insurance policy.” The service contract must also state the name and address of the reimbursement insurance company and disclose to the consumer that if the service contract provider does not provide a covered service within sixty days after proof of loss by the service contract holder, the contract holder may apply directly to the reimbursement insurance company.    Service contracts not insured under a reimbursement insurance policy must contain a statement in substantially the following form: “Obligations of the provider under this service contract are backed by the full faith and credit of the provider.”      Service contracts must identify the following:   The name and address of the provider;    The identity of any administrator, if different from the provider;    The service contract seller; and    The service contract holder to the extent that the name of the service contract holder has been furnished by the service contract holder.       The identities of the parties in this subsection (4) are not required to be preprinted on the service contract and may be added to the service contract at the time of sale.       Service contracts must state the total purchase price and the terms under which the service contract is sold. The purchase price is not required to be preprinted on the service contract and may be negotiated at the time of sale with the service contract holder.    In addition to the other requirements of this section, a service contract must:   Identify the consumer goods covered by the contract;    State the existence of any deductible amount, if applicable;    Specify the merchandise and services to be provided and any limitations, exceptions, or exclusions;    State whether the use of a nonoriginal manufacturer's part is allowed;    State any restrictions governing the transferability of the service contract, if applicable;    State the terms, restrictions, or conditions governing cancellation of the service contract, either by the provider or the service contract holder, prior to the termination or expiration date of the service contract;    Set forth all of the obligations and duties of the service contract holder, such as the duty to protect against any further damage and any requirement to follow the owner's manual; and    State whether or not the service contract provides for or excludes consequential damages or preexisting conditions, if applicable.         History. Source: L. 2014: Entire part added,(HB 14-1199), ch. 204, p. 747, § 2, effective January 1, 2015.
CO Code § 10-4-1607 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 16 - Consumer Goods Service Contracts|§ 10-4-1607. Prohibited Acts

     A provider shall not use in its name:   The words “insurance”, “casualty”, “surety”, “mutual”, or any other words descriptive of the insurance, casualty, or surety business; or    A name deceptively similar to the name or description of any insurance or surety corporation, or to the name of any other provider. The word “guaranty” or similar word may be used by a provider.         This section does not apply to a provider that was using any of the prohibited language in its name prior to January 1, 2015. (b) (I) This section does not apply to a provider that was using any of the prohibited language in its name prior to January 1, 2015.    A provider using the prohibited language in its name shall include in its service contracts a statement in substantially the following form: “This agreement is not an insurance contract.”          A provider or its representative shall not in its service contracts or literature make, permit, or cause to be made any false or misleading statement, or deliberately omit any material statement that would be considered misleading if omitted.    A manufacturer or seller of any product shall not require the purchase of a service contract as a condition for the sale of any property.    Nothing in this section limits or prohibits a person from pursuing any claim, cause of action, or right available under Colorado law.      History. Source: L. 2014: Entire part added,(HB 14-1199), ch. 204, p. 748, § 2, effective January 1, 2015.
CO Code § 10-4-1608 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 16 - Consumer Goods Service Contracts|§ 10-4-1608. Required Record Keeping

  A provider shall keep accurate accounts, books, and records concerning transactions regulated under this part 16.    A provider's accounts, books, and records must include:   Copies of each type of service contract sold;    The name and address of each service contract holder to the extent that the name and address have been furnished by the service contract holder;    A list of the locations where service contracts are marketed, sold, or offered for sale; and    Written claims files containing at least the dates and descriptions of all claims related to the service contracts.       Except as set forth in subsection (5) of this section, a provider shall retain all records required under this section for at least one year after the specified period of coverage has expired.    The records required under this section may be, but are not required to be, maintained in electronic form or other record-keeping technology. If the records are maintained in other than hard copy, the records must be capable of duplication to legible hard copy at the request of the commissioner.    A provider discontinuing business in this state shall maintain its records until it has discharged all obligations to contract holders in this state.     History. Source: L. 2014: Entire part added,(HB 14-1199), ch. 204, p. 749, § 2, effective January 1, 2015.
CO Code § 10-4-1609 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 16 - Consumer Goods Service Contracts|§ 10-4-1609. Enforcement Provisions - Rules

     The commissioner may conduct market examinations or financial examinations of providers under sections 10-1-201 to 10-1-205 to enforce this part 16.    Upon the commissioner's request, the provider shall make available to the commissioner all accounts, books, and records concerning service contracts sold by the provider that are necessary to enable the commissioner to reasonably determine the provider's compliance or noncompliance with this part 16 and the commissioner's rules adopted in furtherance of this part 16.       The provider examined in any financial or market conduct examination shall bear the cost of the examination in accordance with section 10-1-205 (4).      If a provider violates this part 16, the commissioner may take the following disciplinary actions:   Issue an order directing the provider to cease and desist from committing violations of this part 16;    Issue an order prohibiting a service contract provider from selling or offering for sale service contracts in violation of this part 16;    Issue an order imposing a civil penalty on the provider; or    Any combination of the actions set forth in subparagraphs (I) to (III) of this paragraph (a).       Any civil penalty assessed by the commissioner is limited to not more than five hundred dollars per violation and not more than ten thousand dollars in the aggregate for all violations of a similar nature. For purposes of this paragraph (b), violations are of a similar nature if the violations consist of the same or similar course of conduct, action, or practice, regardless of the number of times the noncompliant act, conduct, or practice occurred.    A person aggrieved by any action taken or penalty assessed under this subsection (3) may request a review in accordance with section 10-1-205 (4).         The commissioner may bring an action in any court of competent jurisdiction for an injunction or other appropriate relief to address threatened or existing violations of this part 16.    An action filed under this subsection (4) may also seek restitution on behalf of persons aggrieved by a violation of this part 16 or orders or rules of the commissioner.       The commissioner may promulgate rules to implement the provisions of this part 16.     History. Source: L. 2014: Entire part added,(HB 14-1199), ch. 204, p. 749, § 2, effective January 1, 2015.
CO Code § 10-4-1701 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 17 - Self-Storage Insurance Limited Licenses|§ 10-4-1701. Definitions

 As used in this part 17, unless the context otherwise requires:    “Business entity” includes an individual working for or acting on behalf of the self-storage retailer.    “Insurer” means an admitted company or authorized company, as defined in section 10-1-102 (3), approved to transact insurance in this state.    “Occupant” means a person or his or her lessee, successor, or assignee entitled to the use of a self-storage space at a self-service storage facility, to the exclusion of others, under a self-storage rental agreement.    “Offer and disseminate” means to provide general information about self-storage insurance, including a description of the coverage and price, as well as processing the application, collecting premiums, and performing other nonlicenseable activities permitted by the state.    “Self-service storage facility” means real property designed and used for the sole purpose of renting or leasing individual storage space to occupants who are given access to a self-storage space for the sole purpose of storing and removing personal property.    “Self-storage insurance” means insurance coverage for property loss incidental to the rental of a self-storage space at a self-service storage facility.    “Self-storage rental agreement” means a written agreement setting forth the terms and conditions governing the use of a self-storage space provided by a self-service storage facility for rent or lease.    “Self-storage retailer” means a business entity that rents self-storage units and may offer and disseminate self-storage insurance as a service to its customers on behalf of and under the direction of a supervising entity.    “Self-storage space” means a designated storage unit or other designated space at a self-service storage facility.    “Supervising entity” means a business entity or person that is a limited line producer, as that term is defined in section 10-2-103 (7.3), authorized by an insurer to supervise a self-storage retailer.     History. Source: L. 2017: Entire part added,(HB 17-1263), ch. 368, p. 1914, § 1, effective August 9.
CO Code § 10-4-1702 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 17 - Self-Storage Insurance Limited Licenses|§ 10-4-1702. Authority to Issue License

  A supervising entity must hold a limited lines self-storage insurance producer license issued by the division in accordance with part 4 of article 2 of this title 10 in order to sell, solicit, or negotiate self-storage insurance.    An employee or authorized representative of a self-storage retailer may offer and disseminate self-storage insurance to a customer at each self-storage retailer location at which the employee or authorized representative is supervised by a supervising entity.    An employee or authorized representative of a self-storage retailer shall not advertise, represent, or otherwise hold himself or herself out as a licensed insurer, insurance agent, or insurance producer, and shall neither evaluate nor interpret the technical terms, benefits, or conditions of the offered self-storage insurance with the occupant or evaluate or provide advice concerning an occupant's existing insurance coverage.    Unless the self-storage retailer is a supervising entity, the self-storage retailer shall not advertise, represent, or otherwise hold itself out as a licensed insurer, insurance agent, or insurance producer, and shall neither evaluate nor interpret the technical terms, benefits, or conditions of the offered self-storage insurance with the occupant or evaluate or provide advice concerning an occupant's existing insurance coverage.    A supervising entity shall maintain a registry of self-storage retailer locations that are authorized to offer and disseminate self-storage insurance coverage in this state. Upon request by the commissioner and with ten days' notice to the supervising entity, the supervising entity shall make the registry open to inspection and examination by the commissioner during regular business hours of the supervising entity.    Notwithstanding any other provision of law, a license issued pursuant to this part 17 authorizes the licensee and its employees or authorized representatives to engage in those activities that are permitted in this part 17.     History. Source: L. 2017: Entire part added,(HB 17-1263), ch. 368, p. 1915, § 1, effective August 9.
CO Code § 10-4-1703 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 17 - Self-Storage Insurance Limited Licenses|§ 10-4-1703. License - Application - Restrictions

     Before being issued a limited lines self-storage insurance producer license, a person must submit an application for a limited lines self-storage license in accordance with section 10-2-404; except that the applicant is not required to provide the information specified in section 10-2-404 (2).    A supervising entity is responsible for compliance with this part 17. If a self-storage retailer has more than one supervising entity, the commissioner may hold all supervising entities responsible for a violation of this part 17 in accordance with section 10-4-1709. If a self-storage retailer derives more than fifty percent of its revenue from the sale of limited lines self-storage insurance, the self-storage retailer shall provide the location of the self-storage retailer's home office and the name, residential address, and other information required by the commissioner for all officers, directors, and shareholders of record having beneficial ownership of ten percent or more of any class of the self-storage retailer's securities registered under federal securities laws. For purposes of this section:   A supervising entity is not required to be an officer, partner, or director of the self-storage retailer; and    The applicant for a limited lines self-storage insurance producer license pursuant to this part 17 is exempt from the requirements of section 10-2-406.       By July 1, 2018, a person engaged in the sale, solicitation, or negotiation of self-storage insurance before August 9, 2017, shall either apply for a limited lines self-storage insurance producer license or cease engaging in the sale of self-storage insurance. To sell, solicit, or negotiate self-storage insurance on or after July 1, 2018, a person must first obtain a limited lines self-storage insurance producer license. A limited lines self-storage insurance producer license application must be accompanied by a fee prescribed by the commissioner in accordance with section 10-2-413. A limited lines self-storage insurance producer license must be renewed as set forth in section 10-2-408.       A supervising entity may sell, solicit, or negotiate, or offer to sell, solicit, or negotiate, self-storage insurance only in connection with, and incidental to, the rental of a self-storage space in a self-service storage facility. The self-storage insurance may provide coverage only for damage or loss to the personal property of the occupant contained in the self-storage space.     History. Source: L. 2017: Entire part added,(HB 17-1263), ch. 368, p. 1916, § 1, effective August 9.
CO Code § 10-4-1704 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 17 - Self-Storage Insurance Limited Licenses|§ 10-4-1704. Disclosures to Occupant

  Before issuing a policy under this part 17, a self-storage retailer shall provide an occupant with a written self-storage insurance policy or self-storage insurance certificate that:   Summarizes clearly and correctly the material terms of coverage offered to the occupant, including the identity and contact information of both the insurer and the supervising entity;    States the benefits of coverage;    States that the self-storage insurance being offered may provide a duplication of insurance coverage already provided by a homeowner's insurance policy or other source of coverage in effect for the occupant. The statement must include a space that allows the occupant to write the occupant's initials to signify the occupant's acknowledgment and understanding of the potential duplication referenced in this subsection (1)(c). The retailer shall specifically bring the potential duplication referenced in this subsection (1)(c) and the opportunity to write the occupant's initials to the occupant's attention by orally offering the occupant an opportunity to read the statement and write the occupant's initials in the space provided.    States the deductible of the self-storage insurance coverage and describes the process for filing a claim;    States whether the policy covers flood damage to stored property; and    States that the self-storage retailer can answer general information about the self-storage insurance offered, including a description of the coverage and premium, but is neither qualified nor authorized to answer technical questions about the terms and conditions of the self-storage insurance offered and disseminated by the supervising entity or to evaluate the adequacy of the occupant's existing insurance coverage, if any.       If the self-storage rental agreement requires the occupant to provide proof of insurance, this insurance coverage requirement may be satisfied if the occupant:   Purchases this coverage from a self-storage retailer; or    Provides evidence of this coverage from another source.        History. Source: L. 2017: Entire part added,(HB 17-1263), ch. 368, p. 1917, § 1, effective August 9.
CO Code § 10-4-1705 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 17 - Self-Storage Insurance Limited Licenses|§ 10-4-1705. Supervision of Issuance - Training

  A supervising entity shall supervise the administration of the offering and disseminating of self-storage insurance. The supervising entity shall develop a training program for the offering and disseminating of the self-storage insurance and shall require any individual working for or acting on behalf of the self-storage retailer to attend the training.    The training program required pursuant to subsection (1) of this section is mandatory for any individual working for or acting on behalf of a self-storage retailer that is directly engaged in the activity of offering or disseminating self-storage insurance and must include the following:   An education program regarding self-storage insurance that is conducted and overseen by the supervising entity;    Instruction to any individual or business entity working for or acting on behalf of a self-storage retailer about the self-storage insurance offered to occupants and the disclosures required pursuant to this part 17; and    Instruction that any individual or business entity working for or acting on behalf of a self-storage retailer shall not:   Advertise, represent, or otherwise hold himself or herself out as a licensed insurance producer of any kind; or    Evaluate or interpret technical terms, benefits, or conditions of the offered self-storage insurance or evaluate an occupant's existing insurance coverage, if the occupant has any such coverage.          The self-storage retailer may bill and collect premiums for self-storage insurance. These self-storage insurance premiums must be separately itemized if they are not included in the cost of the rental. If the premiums are included in the cost of the rental of the self-storage space, a supervising entity shall ensure that it is clearly and conspicuously disclosed to the occupant that the self-storage insurance is included with the rental fees for the self-storage space. A supervising entity shall establish a separate fiduciary account for the collected coverage premiums but is not required to segregate the individual occupants' premiums in that account. A supervising entity shall remit the coverage premium charges to the insurer within sixty days after receipt. All coverage premiums held by a supervising entity are held in trust by the supervising entity in a fiduciary capacity for the benefit of the insurer.     History. Source: L. 2017: Entire part added,(HB 17-1263), ch. 368, p. 1918, § 1, effective August 9.
CO Code § 10-4-1706 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 17 - Self-Storage Insurance Limited Licenses|§ 10-4-1706. Compensation

  This part 17 does not prohibit the payment or receipt of related compensation in the form of a commission, service fee, brokerage, or other valuable consideration for the sale of self-storage insurance that the supervising entity is authorized to sell, solicit, or negotiate under this part 17 if the supervising entity was duly licensed under this part 17 for the performance of the services and has met all conditions as set forth in this part 17.    Notwithstanding any other provision of law, a self-storage retailer shall not compensate employees based primarily on the number of occupants enrolled for limited lines self-storage insurance, but the self-storage retailer may compensate employees for activities under the limited lines employee's or supervising entity's overall compensation.     History. Source: L. 2017: Entire part added,(HB 17-1263), ch. 368, p. 1918, § 1, effective August 9.
CO Code § 10-4-1707 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 4 - Property and Casualty Insurance|Part 17 - Self-Storage Insurance Limited Licenses|§ 10-4-1707. Exemption From Requirements

 Notwithstanding any other provision of this part 17, rule promulgated by the commissioner, or order issued by the commissioner, a supervising entity is not required to meet the prelicensure educational requirements in section 10-2-201 , continuing education requirements in section 10-2-301 , or examination requirements in section 10-2-402 .   History. Source: L. 2017: Entire part added,(HB 17-1263), ch. 368, p. 1919, § 1, effective August 9.