yourstate.us
Colo. Rev. Stat. § 10-11-114

Legal investments and admitted assets

Colorado · Colorado Revised Statutes Title 10 — Insurance · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Colo. Rev. Stat. § 10-11-114, Legal investments and admitted assets, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2288515
Permanent ID
ys:prov:2288515@1
SHA-256
ccb7654bc8fea41c4f26ecb49d73376049e6585fcc64890956928713d47bf531

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(1) Title insurance companies shall comply with the investment requirements for other insurance companies under the laws of this state but, in addition, may invest in a title plant. Such title plant shall be considered an admitted asset as provided by nationally recognized insurance statutory accounting principles. The real estate in which the title plant is housed shall be considered an investment under section 10-3-218. Subject to the limitations of this section and with the approval of the commissioner, a title insurance company may enter into agreements with one or more other title insurance companies authorized to do business in this state whereby such companies shall participate in the ownership, management, and control of a title plant to serve the needs of all such companies, or such companies may hold stock of a corporation owning and operating a title plant for such purposes. (2) A title insurance company shall include as an admitted asset accounts receivable relating to gross premiums, less agent retention, in the course of collection. Accounts receivable that are more than ninety days past due from the date of notification of the issuance of the policy shall not be included as an admitted asset.