Colorado Transportation Network Companies

What this document is

Colorado Transportation Network Companies - C.R.S. Title 40, Article 10.1, Part 6 (40-10.1-601 to 40-10.1-609; 40-10.1-604 insurance requirements) is a state statute published by Colorado General Assembly, Office of Legislative Legal Services (leg.colorado.gov). It is one of the Colorado documents that insurance license exam questions are written from, including 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. § 40-10.1-604(4) (Transportation network company insurance: placement of the required policy and part 6 of article 4)

  “insurance policy required by subsection (2) or subsection (3) of this section: (a) May be placed with an insurer licensed under title 10, C.R.S.”

• C.R.S. § 40-10.1-604(9) (Transportation network company insurance: payee of a comprehensive or collision payment)

  “(9) If a transportation network company's insurer makes a payment for a claim covered under comprehensive coverage or collision coverage, the transportation network company shall cause its insurer to issue the payment directly to the business repairing the vehicle or jointly to the owner of the...”

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