Colorado Code § 10-3-907

Investigation and disclosure of insurance contracts
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(1) Whenever the
commissioner has reason to believe that insurance has been effectuated by or for any person in
this state with an unauthorized insurer, the commissioner shall in writing order such person to
produce for examination all insurance contracts and other documents evidencing insurance with
both authorized and unauthorized insurers and to disclose to the commissioner the amount of
insurance, name and address of each insurer, gross amount of premium paid or to be paid, and
the name and address of the person assisting or aiding in the solicitation, negotiation, or
effectuation of such insurance.
(2) Every person who, for thirty days after such written order pursuant to subsection (1)
of this section, neglects to comply with the requirements of such order or who willfully makes a
disclosure that is untrue, deceptive, or misleading shall forfeit fifty dollars, and an additional
fifty dollars for each day of neglect after expiration of said thirty days.

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