Colorado Code § 10-3-233

Disposition of certain real estate
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Any parcel of real estate qualifying as an
admitted asset under section 10-3-218 or 10-3-219 at the time of its acquisition by the company
and which has not been transferred to qualification as an admitted asset under any other section
of this part 2 shall be sold within five years after such acquisition or within five years after its
use for the accommodation of the company's business has entirely ceased, whichever is later,
unless the company procures a certificate from the commissioner that the company's interests
will suffer by such a sale, in which event the time may be extended as the commissioner shall
direct in such certificate.

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