§ 10-16-1007. Prohibition on cooperatives transacting insurance business

CO Rev Stat § 10-16-1007 (2018) (N/A)
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A cooperative shall not perform any activity included in the definition of transacting insurance business in this state, as provided in section 10-3-903, except as otherwise authorized in the powers, duties, and responsibilities of cooperatives as set forth in section 10-16-1009. A cooperative shall not establish or engage in the activities of a health maintenance organization.