C.R.S. Section 8-44-116
Reversionary interests in indemnity benefits prohibited


No provision in a contract for insurance regulated by this article or any contract ancillary to such a contract, including specifically a contract setting up an annuity for indemnity benefits, shall establish a reversionary interest in the insurer for the indemnity benefits. Any such provision is void and unenforceable as against public policy.

Source: Section 8-44-116 — Reversionary interests in indemnity benefits prohibited, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-08.­pdf (accessed Oct. 20, 2023).

Green check means up to date. Up to date

Current through Fall 2024

§ 8-44-116’s source at colorado​.gov