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Section 10-3-305 - Rights of depositors — Colorado Law | CourtGPT
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  3. Colorado/
  4. Title 10 - Insurance General Provisions (§§ 10-1-101 — 10-1-312)/
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  7. Part 3 - Uniform Guaranty Deposits/
  8. Section 10-3-305 - Rights of depositors
Colorado Legal Code

Section 10-3-305 - Rights of depositors

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(1) So long as the insurer remains solvent and complies with this part 3, it may: (a) Demand, receive, sue for, and recover the income from securities or cash deposited in accordance with this part 3;(b) Exchange and substitute for the deposited cash or securities, or any part thereof, cash or eligible securities of equivalent or greater value; and(c) Inspect, at reasonable times, any deposit made in accordance with this part 3.L. 53: p. 362, § 5. CRS 53: § 72-16-5. C.R.S. 1963: § 72-15-5.