Colo. Rev. Stat. § 24-30-1512
Risk management fund and self-insured property fund not subject to insurance laws
Colorado · Colorado Revised Statutes Title 24 — Government - State · Status: effective
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- Citation
- Colo. Rev. Stat. § 24-30-1512, Risk management fund and self-insured property fund not subject to insurance laws, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2301566
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Full text
The setting aside of reserves for self-insurance purposes in the risk management fund created in section 24-30-1510, in the self-insured property fund created in section 24-30-1510.5, and in the state employee workers' compensation account in the risk management fund created in section 24-30-1510.7, shall not be construed to be creating an insurance company, nor shall the risk management fund or the self-insured property fund otherwise be subject to the provisions of the laws of this state regulating insurance or insurance companies. The requirements of section 10-4-624, C.R.S., concerning motor vehicle self-insurance are not applicable to this part 15.