§ 24-14-103. Approval of seller - premium cost

CO Rev Stat § 24-14-103 (2018) (N/A)
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Any policy of insurance shall be obtained from an insurer authorized to transact business in this state and deemed by the department of personnel or the appropriate governing body of the governmental subdivision to be responsible and financially sound considering the extent of the coverage required. The premium for such insurance shall be a proper charge against the state or the appropriate governmental subdivision.