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Section 10-3-1511 - Effective date — Colorado Law | CourtGPT
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  4. Title 10 - Insurance General Provisions (§§ 10-1-101 — 10-1-312)/
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  7. Part 15 - Own Risk and Solvency Assessment (Orsa)/
  8. Section 10-3-1511 - Effective date
Colorado Legal Code

Section 10-3-1511 - Effective date

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The requirements of this part 15 are effective beginning with calendar year 2017. The first required filing of the ORSA summary report is in 2017 as specified in section 10-3-1505. An insurer that has maintained a risk management framework consistent with the requirements of this part 15 in calendar year 2016 may, but is not required to, file its ORSA summary report in 2016, and such report will be confidential as specified in section 10-3-1508.Added by 2016 Ch. 32,§ 2, eff. 3/18/2016.L. 2016: Entire part added, (SB 16-029), ch. 32, p. 78, § 2, effective March 18.