reglab/housing_qa huggingface dataset:
CO Code § 10-2-414 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 4 - Licensing and Appointment of Insurance Producers|§ 10-2-414. Additional Lines of Authority - Application for License

 An insurance producer licensee requesting licensure for any additional line or lines of authority shall comply with the requirements of section 10-2-404 . Upon receipt of the application filing, any supporting documents as required by section 10-2-404 , and the applicable fee, the commissioner may issue a replacement license to include the additional lines.   History. Source: L. 93: Entire article R&RE, p. 1364, § 1, effective January 1, 1995. L. 2001: Entire section amended, p. 1203, § 21, effective January 1, 2002.    Editor's note:   This section is similar to former § 10-2-208 as it existed prior to 1993.
CO Code § 10-2-415.7 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 4 - Licensing and Appointment of Insurance Producers|§ 10-2-415.7. Termination of Insurance Producer Bail Bonding Agent - Notice - Penalty

  Upon the termination of the appointment of an insurance producer bail bonding agent, the insurer shall, within fifteen days, notify the commissioner and the appointee of such termination by certified mail.    If the termination of an agent's appointment is for any of the causes listed in section 10-1-128 or 10-2-801, the insurer shall notify the commissioner of the reason and, if the commissioner so requests, the insurer shall provide any information, records, statements, or other data pertaining to the termination that may be used by the division in any action taken under section 10-2-801.    Any information, documents, records, or statements provided pursuant to this section shall be privileged, and there shall be no liability on the part of, nor shall a cause of action of any nature arise against, the division, the insurance company, or any authorized representative for requesting or providing such information, documents, records, or statements; except that such information may be used by the division to pursue administrative or criminal prosecutions.    In addition to any other penalty or liability authorized by law, the failure or refusal of any insurer to comply with the requirements of subsection (1) or (2) of this section shall be cause for the assessment against the insurer of a civil penalty of up to one thousand dollars for each such failure or refusal if, after notice to the insurer and after a hearing in accordance with section 24-4-105, C.R.S., the commissioner finds that the insurer has violated this section.     History. Source: L. 2004: Entire section added, p. 1749, § 1, effective July 1. L. 2012: (2) amended,(HB 12-1266), ch. 280, p. 1497, § 12, effective July 1.
CO Code § 10-2-416.5 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 4 - Licensing and Appointment of Insurance Producers|§ 10-2-416.5. Required Availability to Commissioner of List of Producer Appointees for Enforcement Purposes

 Each insurer shall maintain a current list of producers contractually authorized to accept applications on behalf of the insurer. Each insurer shall make such list available to the commissioner upon reasonable request for purposes of conducting investigations and enforcing the provisions of this title.   History. Source: L. 99: Entire section added, p. 663, § 3, effective January 1, 2000.
CO Code § 10-2-418 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 4 - Licensing and Appointment of Insurance Producers|§ 10-2-418. Bail Bonding Authority

  The division shall advise state court administrators that a person may furnish a bail bond if the person is a licensed insurance producer with a power of attorney from an insurance company, appears on the division's website as an active insurance producer with casualty authority, and is appointed by that insurance company.    The division shall issue credentials to each insurance producer who is appointed by a bail insurance company that clearly identifies the person as holding authority to act as a bail bond agent.     History. Source: L. 2012: Entire section added,(HB 12-1266), ch. 280, p. 1497, § 13, effective July 1.
CO Code § 10-2-501 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 5 - Nonresident Licenses|§ 10-2-501. Reciprocity

  The commissioner shall waive any requirements for a nonresident license applicant with a valid license from the applicant's home state, except those requirements imposed by section 10-2-502, if the applicant's home state awards nonresident licenses to residents of this state on the same basis.    A nonresident producer's satisfaction of a nonproducer's home state's continuing education requirements for licensed insurance producers shall constitute satisfaction of this state's continuing education requirements if the nonresident producer's home state recognizes the satisfaction of its continuing education requirements imposed upon producers from this state on the same basis.     History. Source: L. 93: Entire article R&RE, p. 1366, § 1, effective January 1, 1995. L. 2001: Entire section R&RE, p. 1206, § 23, effective January 1, 2002.
CO Code § 10-2-503 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 5 - Nonresident Licenses|§ 10-2-503. Commissioner as Agent for Service of Process

  By the filing of the application and issuance of a nonresident insurance producer license, a nonresident insurance producer licensee shall be deemed to have appointed the commissioner and successors in office as said nonresident's agent upon whom all lawful process in any legal proceeding against the nonresident may be served and to have agreed that any such lawful process has the same legal force and validity as personal service of process upon such nonresident.    The commissioner shall, within ten working days after receiving three copies of the process served, forward a copy of such process by registered or certified mail to the person for whom the commissioner has received such process at the nonresident individual's address of record, or, if the nonresident is an insurance agency, at the agency's principal place of business. The commissioner shall keep a record of all process so served.    Service of process upon any such licensee in any action or proceeding instituted by the commissioner under this section shall be made by the commissioner by mailing such process by registered mail to an individual licensee at the licensee's last known address of record or to an insurance agency licensee at its principal place of business.     History. Source: L. 93: Entire article R&RE, p. 1367, § 1, effective January 1, 1995. L. 98: (2) amended, p. 1325, § 25, effective June 1. L. 2001: (2) amended, p. 1208, § 25, effective January 1, 2002.
CO Code § 10-2-602 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 6 - Banks and Bank Holding Companies|§ 10-2-602. Sale of Annuities and Insurance by Financial Institutions - Certain Tying Arrangements Prohibited

  In addition to the requirements of section 10-3-1105, no financial institution, or subsidiary or employee of a financial institution, shall extend credit, lease or sell property of any kind, furnish any service, or fix or vary the consideration for any such extension of credit, lease, sale, or service on the condition or requirement that the customer shall obtain an insurance contract or an annuity from such financial institution or any subsidiary or employee.    No financial institution may offer a financial product or service, or fix or vary the conditions of such product or service, conditioned on a requirement that the customer obtain insurance from such financial institution or any specific person.    No person shall require or imply that the purchase of an insurance product, or of an annuity from a financial institution, is a condition of the lending of money or extension of credit, maintenance of a trust account, establishment or maintenance of a checking, savings, deposit, or share account, or the provision of products or services related to such activities.     History. Source: L. 94: Entire section added, p. 1353, § 3, effective January 1, 1995. L. 97: Entire section amended, p. 429, § 2, effective April 24.
CO Code § 10-2-603 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 6 - Banks and Bank Holding Companies|§ 10-2-603. Bank Sale of Annuities - Disclosure Requirements

  Any financial institution, or any subsidiary or employee thereof, which sells a fixed or variable annuity contract shall receive written acknowledgment from the purchaser that the annuity which is being purchased may involve investment risk and is not insured by the federal deposit insurance corporation or the national credit union share insurance fund. Such written notice shall be clear and conspicuous and shall be given before or contemporaneously with the purchase of the annuity. This subsection (1) shall apply to an affiliate or subsidiary of a financial institution if such an affiliate or subsidiary sells insurance on the premises of a financial institution.    A clear and conspicuous notice substantially in the following form complies with this section:      Acknowledgment (Complete name of investment) I understand that the investment product I am purchasing is not a bank deposit and is not an obligation of, nor is it guaranteed by, any bank. This product is not insured or guaranteed by the federal deposit insurance corporation. In addition, I understand that the investment product purchased may be subject to investment risk, including possible loss of principal, and that any investment product's past performance should not be considered an indication of future results. (Date) (Signed)   History. Source: L. 94: Entire section added, p. 1354, § 7, effective July 1, 1995. L. 97: (1) amended, p. 429, § 3, effective April 24.
CO Code § 10-2-604 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 6 - Banks and Bank Holding Companies|§ 10-2-604. Disclosures

  A financial institution, and any person selling insurance with a cash value or a cash accumulation component on behalf of a financial institution, shall disclose to the financial institution's customers or members, and on any advertisements or promotional material, that insurance offered, recommended, sponsored, or sold by the financial institution, or on the premises of the financial institution:   Is not a deposit;    Is not insured by the federal deposit insurance corporation, the national credit union share insurance fund, or any agency of the state of Colorado or the federal government;    Is not guaranteed by the financial institution or any affiliated insured depository institution;    May involve investment risk, including loss of principal; and    May be purchased from a producer of the customer's choice and that the customer's choice of another insurance provider will not affect the customer's relationship with the financial institution.        History. Source: L. 97: Entire section added, p. 429, § 4, effective April 24. L. 2001: (1)(e) amended, p. 1208, § 27, effective January 1, 2002.
CO Code § 10-2-605 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 6 - Banks and Bank Holding Companies|§ 10-2-605. Misleading Advertising

  No financial institution, or any subsidiary, affiliate, or employee of a financial institution, may issue advertising that would lead a reasonable person to believe that the state of Colorado or the federal government:   Is responsible for insurance sales activities of the financial institution or any subsidiary, affiliate, or employee thereof;    Guarantees any return on insurance products or is a source of payment of any insurance obligations sold by the financial institution or any subsidiary, affiliate, or employee thereof.        History. Source: L. 97: Entire section added, p. 430, § 4, effective April 24.
CO Code § 10-2-606 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 6 - Banks and Bank Holding Companies|§ 10-2-606. Discrimination Against Affiliated Agents

  No financial institution shall:   Require, as a condition of providing or renewing a contract for providing a product or service to any customer, that the customer purchase, finance, or negotiate any policy or contract of insurance through any particular person;    In connection with a loan or extension of credit that requires a borrower to obtain insurance, reject an insurance policy solely because such policy has been issued or underwritten by any person who is not associated with such institution;    Impose any requirement on any insurance producer who is not associated with the financial institution that is not imposed on any insurance producer who is associated with such institution; or    Unless otherwise authorized by applicable federal or state law, require any debtor, insurer, or producer to pay a separate charge in connection with the handling of insurance that is required under a contract.        History. Source: L. 97: Entire section added, p. 430, § 4, effective April 24. L. 2001: (1)(c) and (1)(d) amended, p. 1209, § 28, effective January 1, 2002.
CO Code § 10-2-607 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 6 - Banks and Bank Holding Companies|§ 10-2-607. Location of Sales

 To the extent practicable, a financial institution's sale of insurance shall be in a location distinct from a teller window or common teller area. Unlicensed employees of financial institutions shall not sell insurance or annuities. Such employees may direct customers to licensed persons.   History. Source: L. 97: Entire section added, p. 431, § 4, effective April 24.
CO Code § 10-2-701 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 7 - Business Conduct of Licensees|§ 10-2-701. Assumed Names - Registration - Rules

 Any insurance producer using an assumed name, including without limitation a trade or fictitious name, under which the insurance producer conducts business shall register the name with the insurance commissioner prior to using the assumed name. The commissioner shall not accept registration of any name that would tend to be misleading to the public or that is identical or similar to the name of any producer whose license has been revoked or suspended. Every insurance producer licensee shall promptly file with the commissioner a written notice of any change in or discontinuation of the use of any name. The commissioner may promulgate all rules necessary and proper to implement the provisions of this section.   History. Source: L. 93: Entire article R&RE, p. 1370, § 1, effective January 1, 1995. L. 2001: Entire section amended, p. 1209, § 29, effective January 1, 2002. L. 2008: Entire section amended, p. 210, § 4, effective March 26.
CO Code § 10-2-702 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 7 - Business Conduct of Licensees|§ 10-2-702. Commissions

  No insurer or insurance producer shall pay, directly or indirectly, any commission, service fee, brokerage, or other valuable consideration to any person selling, soliciting, or negotiating insurance within this state unless, at the time such services were performed, such person was a duly licensed insurance producer under this article for the performance of such services. In addition, no person, other than a person appropriately licensed by this state as an insurance producer at the time such services were performed, shall accept any such consideration; except that any person duly licensed under this article may pay or assign such person's commissions to, or direct that such person's commissions be paid to, a partnership of which the person is a member, employee, or agent or to a corporation of which the person is an officer, employee, or agent. This section shall not prevent payment or receipt of renewal or other deferred commissions to or by any person entitled thereto under this section.    An insurer or insurance producer may pay or assign commissions, service fees, brokerages, or other valuable consideration to an insurance agency, business entity, or persons who do not sell, solicit, or negotiate insurance in this state, unless the payment would violate section 10-3-1104 (1)(g).     History. Source: L. 93: Entire article R&RE, p. 1370, § 1, effective January 1, 1995. L. 95: Entire section amended, p. 89, § 2, effective March 30. L. 2001: Entire section amended, p. 1209, § 30, effective January 1, 2002. L. 2012: (2) amended,(HB 12-1266), ch. 280, p. 1497, § 15, effective July 1.
CO Code § 10-2-706 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 7 - Business Conduct of Licensees|§ 10-2-706. Insurance Producer Designee - Responsibility

 An insurance producer may use another properly licensed and appointed insurance producer as an agent to comply with the requirements of section 10-2-705 , but the insurance producer who posts the bail bond with the court is responsible for compliance with section 10-2-705 and is subject to discipline for noncompliance with any provision of section 10-2-705.   History. Source: L. 2012: Entire section added,(HB 12-1266), ch. 280, p. 1500, § 16, effective July 1. L. 2013: Entire section amended,(HB 13-1300), ch. 316, p. 1664, § 12, effective August 7.
CO Code § 10-2-707 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 7 - Business Conduct of Licensees|§ 10-2-707. Business Practices - Price Limits - Collateral

  An insurance producer who writes bail bonds shall not charge a premium or commission of more than the greater of fifty dollars or fifteen percent of the amount of bail furnished. An insurance producer who writes bail bonds shall not assess fees for any bail bond posted by the producer with the court unless the fee is for payment of a bail bond filing charged by a court or law enforcement agency, the fee is for the actual cost of storing collateral in a secure, self-service public storage facility, or the fee is for premium financing.    If an insurance producer who posts the bail bond with the court has issued a disclosure statement in accordance with section 10-2-705 (2)(b), the producer may use collateral received from the defendant or indemnitor to secure the following obligations:   Compliance with the bond issued on behalf of the principal;    Any balance due on the premium, commission, or fee for the bail bond; and    Any actual costs incurred by the insurance producer as a result of issuing the bail bond.       Subject to section 16-4-110 (1)(c) and (2), a bail premium is earned in its entirety by a compensated surety upon the defendant's release from custody.     History. Source: L. 2012: Entire section added,(HB 12-1266), ch. 280, p. 1500, § 16, effective July 1. L. 2017: (3) added,(HB 17-1231), ch. 284, p. 1575, § 11, effective January 1, 2018.
CO Code § 10-2-802 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 8 - Disciplinary Actions|§ 10-2-802. Surrender of License

  An insurance producer license issued under this article, although issued and delivered to the licensee, shall at all times be the property of the state of Colorado and shall be surrendered or returned promptly to the commissioner by personal delivery or by certified or registered mail within fifteen days under any of the following conditions:   Suspension, revocation, or termination of the license;    Discontinuation or nonrenewal of the license by the licensee;    Cessation of residency in this state or, in the case of a nonresident licensee, cessation of residency in the licensee's resident state; or    Suspension, termination, or revocation of a nonresident licensee's license in the state of residence.       The commissioner may require surrender of an insurance producer license for any proper reason in addition to the grounds stated in subsection (1) of this section.    As to any insurance producer license issued pursuant to this article which is lost, stolen, or destroyed while in the possession of the licensee, the commissioner may accept, in lieu of return of the license, the affidavit of the individual licensee or, in the case of an insurance agency or business entity, the person given responsibility for custody of the license, as to the facts concerning such loss, theft, or destruction.     History. Source: L. 93: Entire article R&RE, p. 1372, § 1, effective January 1, 1995. L. 2001: (3) amended, p. 1212, § 34, effective January 1, 2002.    Editor's note:   This section is similar to former §§ 10-2-115 , 10-2-116 , 10-2-117 , 10-2-207 , and 10-2-215 as they existed prior to 1993.
CO Code § 10-2-803 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 8 - Disciplinary Actions|§ 10-2-803. Notice of Penalty, Suspension, Termination, Revocation, or Denial

  The commissioner shall promptly notify any insurance producer licensee regarding any penalty assessed, suspension, revocation, termination, or denial of the licensee's license by the commissioner.    Upon assessment of a penalty, suspension, revocation, or termination of the license of a resident licensee, the commissioner shall notify the central office of the national association of insurance commissioners or its affiliate or subsidiary.     History. Source: L. 93: Entire article R&RE, p. 1373, § 1, effective January 1, 1995. L. 2001: Entire section amended, p. 1212, § 35, effective January 1, 2002.
CO Code § 10-2-804 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 2 - Licenses|Part 8 - Disciplinary Actions|§ 10-2-804. Investigation by Commissioner

  The commissioner may examine and investigate the business affairs and conduct of every person applying for or holding an insurance producer license under this article to determine whether such person has been or is engaged in any violation of the insurance laws or rules of this state or has engaged in unfair or deceptive acts or practices in any state.    On receipt of any information regarding the possible violation of the insurance laws or rules of this or any other state, or the possible use of unfair or deceptive practices by a person applying for or holding an insurance producer license under this article, the commissioner may require such person to appear and show cause why the commissioner should not discontinue, revoke, suspend, or refuse to issue or renew the person's license and may, upon the failure of such person to show cause, revoke, suspend, or refuse to issue or renew the license.    The license of an insurance agency or business entity may be suspended or revoked or the renewal or continuation refused if the commissioner finds, after hearing, that an individual licensee's violation was known or should have been known to one or more of the partners, officers, or managers acting on behalf of the insurance agency or business entity, including any foreign or domestic entity as defined in section 7-90-102, C.R.S., and that such violation was not reported to the division of insurance nor corrective action taken in relation thereto.    In addition to or in lieu of any applicable denial, suspension, or revocation of an insurance producer license, any person who violates any provision of this article may, after hearing, be subject to any remedy or civil penalty of not more than three thousand dollars for each such violation.    The commissioner shall retain the authority to enforce the provisions of and impose any penalty or remedy authorized by this article against any person who is under investigation for or charged with a violation of this article even if the person's license has been surrendered or has lapsed by operation of law.     History. Source: L. 93: Entire article R&RE, p. 1373, § 1, effective January 1, 1995. L. 2001: (2), (3), and (4) amended and (5) added, p. 1212, § 36, effective January 1, 2002. L. 2008: (4) amended, p. 2171, § 2, effective August 5.    Editor's note:   This section is similar to former § 10-2-214 as it existed prior to 1993.