Colo. Rev. Stat. § 10-4-1404

Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session
Section 10-4-1404 - Multistate insurance risks - choice of law

Where the exempt commercial policyholder operates in more than one state, the policy may include provisions within the insurance contract that determine disputes arising from claims handling and procedures, cancellation of the policy, or nonrenewal of the policy, which disputes shall be governed by the state with the largest percentage of premiums charged under the policy.

C.R.S. § 10-4-1404

L. 99: Entire part added, p. 386, § 1, effective 1/15/2000.