{"data":{"id":"us-co/c.r.s.-10-14-607","jurisdiction":"us-co","citation":"C.R.S. § 10-14-607","heading":"Grounds for injunction, liquidation, and receivership of domestic society.","body":"(1) The commissioner shall notify a domestic society when the commissioner upon investigation finds that a domestic society:\n\n(a) Has exceeded its powers;\n\n(b) Has failed to comply with any provision of this article;\n\n(c) Is not fulfilling its contracts in good faith;\n\n(d) Has a membership of less than four hundred after an existence of one year or more;\n\n(e) Is conducting business fraudulently or in a manner hazardous to its members, creditors, or the public; or\n\n(f) Is using methods which, although not otherwise specifically proscribed by statute, nevertheless renders its operation hazardous, or its condition unsound, to its members or the public.\n\n(2) If the commissioner notifies a society pursuant to subsection (1) of this section, the commissioner may utilize the procedures, practices, standards, and provisions of parts 4 and 5 of article 3 of this title. In applying said provisions, the application of the assessment feature of the certificate shall be first considered.","path":["Title INSURANCE - MUTUAL INSURANCE","Article 14 - Fraternal Benefit Societies","Part 6 - REGULATION"],"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":"f6cebb0d970c4e64b61321db3e81a4300f6da984fe3a8eced654df29d4f94ad6","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-10-14-606","next":"us-co/c.r.s.-10-14-608"},"notice":"GroundRules: Original legal text. Not legal advice."}