Colo. Rev. Stat. § 10-1-116

Current through 11/5/2024 election

Section 10-1-116 - Defamation of other companies - penalty

It is unlawful for any insurance company doing business in this state, or any officer, director, clerk, employee, or agent thereof, to make, verbally or otherwise, publish, print, distribute, or circulate, or cause the same to be done, or in any way to aid, abet, or encourage the making, printing, publishing, distributing, or circulating of any pamphlet, circular, article, literature, or statement of any kind that is defamatory of any other insurance company doing business in this state, or licensed to sell its capital stock within this state, that contains any false and malicious criticism or false and malicious statement calculated to injure such company in its reputation or business. Any officer, director, clerk, employee, or agent of any insurance company violating the provisions of this section commits a petty offense.

C.R.S. § 10-1-116

Amended by 2021 Ch. 462, § 107, eff. 3/1/2022.

L. 2003: Entire article RC&RE, p. 598, § 1, effective July 1.

This section is similar to former § 10-1-120 as it existed prior to 2002.

2021 Ch. 462, was passed without a safety clause. See Colo. Const. art. V, § 1(3).

For the penalty for a petty offense, see § 18-1.3-503.