Colorado Code § 10-12-408

Liability of members
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(1) A member of a mutual insurance company
organized under this article is not liable to any other member, to the company, or to any creditor
of the company for the payment of losses or expenses of the company beyond payment of
premiums for insurance issued to such member, nor may any member be assessed for any
liability of the company.
(2) A mutual insurance company may, if permitted by its articles of incorporation or
bylaws and if provision therefor is clearly disclosed to its members on the face of the policy,
make contingent premium assessments on its members.
(3) No person is liable for any obligation arising from membership unless the person was
admitted to membership upon the person's application or with the person's consent.

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