{"data":{"id":"us-co/c.r.s.-10-11-127","jurisdiction":"us-co","citation":"C.R.S. § 10-11-127","heading":"Fiduciary responsibilities of title insurance entities - definition of fiduciary funds - deceptive act or practice - rules.","body":"(1) A title insurance entity and its affiliates or subsidiaries in possession of fiduciary funds received and belonging to others shall hold those funds in a fiduciary capacity.\n\n(2) The commissioner shall promulgate reasonable rules that are consistent with this section and are necessary or proper to:\n\n(a) Require the segregation and accounting of fiduciary funds;\n\n(b) Require notice to the commissioner by title insurance companies that are aware of a violation of the fiduciary fund segregation and accounting rules, and the appointment, suspension, or dismissal of title insurance agents; and\n\n(c) Provide for the implementation and administration of this section.\n\n(3) For the purposes of this section, \"fiduciary funds\" means any money received in conjunction with closing and settlement services other than a fee charged by the title insurance company or title insurance agent to perform the closing and settlement services for a real estate transaction.","path":["Title INSURANCE - MUTUAL INSURANCE","Article 11 - Title Insurance","Part 1 - TITLE INSURANCE CODE"],"source_url":"https://olls.info/crs/crs2026-title-10.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"04a12f68bd2e65dcb242f142db46fd64362f782a8b90f4d3531e0bd5071d4742","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-10-11-126","next":"us-co/c.r.s.-10-11-201"},"notice":"GroundRules: Original legal text. Not legal advice."}
