State statute · Colorado

Colorado Insurance Producer Licensing, Appointment, Continuing Education and Discipline

C.R.S. Title 10, Article 2 (Licenses), Parts 1-11

Publisher: leg.colorado.gov
Edition: Colorado Revised Statutes 2024
Last checked: 2026-09-19
Status: CO statutes, public domain

Edition and licensing notes

Status. CO statutes, public domain (state government edict).

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What this document is

Colorado Insurance Producer Licensing, Appointment, Continuing Education and Discipline - C.R.S. Title 10, Article 2 (Licenses), Parts 1-11 is a state statute published by leg.colorado.gov. It is one of the Colorado documents that insurance license exam questions are written from, including colorado life & health, colorado property & casualty, colorado personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

C.R.S. tit. 10 art. 2 § 10-2-301 (5) (Continuing Education Requirement)
“Any person who fails to comply with the requirements of this section, or is found after a hearing before the division to have submitted a false or fraudulent certificate of compliance to the commissioner, shall have his or her license suspended until such person satisfactorily demonstrates to the...”
C.R.S. tit. 10 art. 2 § 10-2-801 (5) (Licenses - Denial, Suspension, Revocation, Termination)
“If the commissioner revokes the license of an insurance producer pursuant to this section, or if an insurance producer surrenders its license to avoid discipline by the commissioner, the insurance producer shall not be eligible to apply for a new insurance producer license for two years after the...”
C.R.S. tit. 10 art. 2 § 10-2-416.5 (Required Availability to Commissioner of List of Producer Appointees)
“Each insurer shall maintain a current list of producers contractually authorized to accept applications on behalf of the insurer. Each insurer shall make such list available to the commissioner upon reasonable request for purposes of conducting investigations and enforcing the provisions of this title.”
C.R.S. tit. 10 art. 2 § 10-2-201 (1)(b) (Prelicensure Education - When Required)
“An individual seeking an insurance producer license to include life, sickness and accident, property, or casualty lines or any combination thereof shall not be eligible to take the written examination provided for in section 10-2-402 until the prelicensure education requirements specified in this...”
C.R.S. tit. 10 art. 2 § 10-2-704 (3) (Fiduciary Responsibilities)
“No insurance producer under this article shall commingle premiums belonging to insurers and returned premiums belonging to insureds with the producer's personal funds or with any other funds except those directly connected with the producer's insurance business.”
C.R.S. tit. 10 art. 2 § 10-2-410 (2) (Temporary licensing)
“(2) The commissioner may, by order, limit the authority of any temporary licensee in any way deemed necessary to protect insureds and the public. The commissioner may require the temporary licensee to have a suitable sponsor who is a licensed producer or insurer and who assumes responsibility for...”
C.R.S. tit. 10 art. 2 § 10-2-408 (4) and (5) (License - contents - continuation due date)
“(4) Subject to continuation, each insurance producer license shall remain in effect unless revoked or suspended as long as the continuation fee as prescribed by the commissioner in accordance with section 10-2-413 is paid and education requirements are met on or before the due date. (5) The...”
C.R.S. tit. 10 art. 2 § 10-2-401 (4) and (5) (License required: controlled business)
“(4) No insurance producer license shall be granted or extended to any person if the license is being or will be used for the purpose of writing controlled business. As used in this section, "controlled business" means insurance procured or to be procured by or through such person upon: (a) The...”
C.R.S. tit. 10 art. 2 § 10-2-704 (1)(d) (Fiduciary responsibilities: failure to account for premium)
“(d) If any insurance producer has failed to account for any collected premium to the insurer to whom it is owing or to its agent entitled thereto for more than forty-five days after the contractual due date or, if there is no contractual due date, more than ninety days after receipt, the insurer or...”
C.R.S. tit. 10 art. 2 § 10-2-801 (4) (Licenses - denial, suspension, revocation, termination: reporting of actions)
“(4) Within thirty days after the initial pretrial hearing date, a producer or business entity shall report to the commissioner any criminal prosecution of the producer in any jurisdiction. The report shall include a copy of the initial complaint, the order resulting from the hearing, and any other...”
C.R.S. tit. 10 art. 2 § 10-2-405 (1)(a) (Residency - individuals - agencies)
“10-2-405. Residency - individuals - agencies. (1) The commissioner may qualify an applicant as a resident of this state and shall issue an insurance producer license to any qualified resident person of this state in accordance with the following: (a) An individual applicant may qualify as a...”
C.R.S. tit. 10 art. 2 § 10-2-412 (1) (Change of address - notification)
“10-2-412. Change of address - notification. (1) Individual and insurance agency producer licensees shall inform the commissioner in writing, in a form prescribed by the commissioner, of any change of address within thirty days after the change.”

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