Title 10 · CRS Title 10

Reserve required

Citation: C.R.S. § 10-13-107

Section: 10-13-107

10-13-107. Reserve required. There shall be maintained at all times an unearned premium reserve computed on a monthly or more frequent pro rata basis. The computation of this reserve shall be based upon premium deposits other than membership fees and without any deduction for expenses and the compensation of an attorney. Source: L. 13: p. 373, � 81. C.L. � 2554. CSA: C. 87, � 98. CRS 53: � 72-4-7. C.R.S. 1963: � 72-4-7. L. 71: p. 720, � 2. L. 75: Entire section R&RE, p. 369, � 1, effective July 1.