{"data":{"id":"us-co/c.r.s.-10-16-504","jurisdiction":"us-co","citation":"C.R.S. § 10-16-504","heading":"Issuance of certificate of authority.","body":"(1) Issuance of a certificate of authority shall be granted by the commissioner if the commissioner is satisfied that the following conditions are met:\n\n(a) The requirements of section 10-16-503 have been fulfilled;\n\n(b) The prepaid dental care plan organization is financially responsible and may reasonably be expected to meet its obligations to enrollees and prospective enrollees;\n\n(c) The agreement with providers for the provision of prepaid dental care services has been deemed sufficient;\n\n(d) Each officer responsible for conducting the affairs of the prepaid dental care plan organization has filed with the commissioner, subject to the commissioner's approval, a fidelity bond in the amount of fifty thousand dollars.\n\n(2) A certificate of authority shall expire at 12 midnight on June 30 next following the date of issuance or renewal and shall be renewed as provided in section 10-3-117. A prepaid dental care plan organization shall pay a renewal fee as prescribed pursuant to section 10-3-207.","path":["Title INSURANCE - MUTUAL INSURANCE","Article 16 - Health-care Coverage","Part 5 - PREPAID DENTAL CARE PLANS"],"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":"10d08c36517c2227c881512bf8ec3b627551c427440cf1e2924bd6ee90a45cbe","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-10-16-503","next":"us-co/c.r.s.-10-16-505"},"notice":"GroundRules: Original legal text. Not legal advice."}