Colorado Code § 40-15-503.5

Financial assurance - rules
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(1) The commission may require regulated
telecommunications service providers to post a bond or provide other security as a condition of
obtaining a certificate, registration, or operating authority, whichever instrument or instruments
apply. In setting the amount of the bond or security, the commission may consider the following
criteria:
(a) The financial viability of the service provider, as evidenced by its audited financial
statements and its general credit history;
(b) The total amount of deposits made by customers to the provider to obtain service and
the aggregate amount of prepayments made by customers for monthly regulated service; and
(c) The history of the provider's statutory payment obligations, including those to the
Colorado high cost support mechanism, the Colorado telephone relay system, and the Colorado
telecommunications utility fund.
(2) The commission may promulgate rules to implement this section and may impose
additional criteria consistent with this section.

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