(1) (a) It is unlawful for any person to practice podiatry within the state of Colorado who does not hold a license to practice medicine issued by the Colorado medical board pursuant to article 240 of this title 12 or a license to practice podiatry issued by the Colorado podiatry board as provided by this article 290. (b) A person serving in an approved residency program must obtain a podiatry training license issued by the Colorado podiatry board pursuant to section 12-290-110. As used in this subsection (1)(b), an "approved residency" is a residency in a hospital conforming to the minimum standards for residency training established or approved by the Colorado podiatry board, which has the authority, upon its own investigation, to approve any residency. (2) It is unlawful for any person to practice podiatry within the state of Colorado unless the person purchases and maintains professional liability insurance as follows: (a) If the person performs surgical procedures, professional liability insurance shall be maintained in an amount not less than one million dollars per claim and three million dollars per year for all claims. (b) The Colorado podiatry board shall by rule establish financial responsibility standards for podiatrists who do not perform podiatric surgical procedures and who sign an affidavit attesting to that fact. The board may determine that no professional liability insurance requirements apply to the persons or may impose standards that shall not in any event exceed those prescribed in subsection (2)(a) of this section.
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