3 CCR 702-1-1-10-4 - Rules
A. All insurance
companies holding a Certificate of Authority in this state must file with the
Commissioner a fully executed Uniform Consent to Service of Process form (Form
12), available on NAIC 's Uniform Certificate of Authority Application website,
to name a registered agent in this state to receive service of process.
1. Domestic insurance companies should file a
Form 12 - Uniform Consent to Service with the Division . Foreign companies must
submit a Form 12 through the National Association of Insurance Commissioners'
Uniform Certificate of Authority Application (UCAA) through the Corporate
Amendment App.
2. It is the intent
of the Division that the Division will not serve as the registered agent in
this state for a company holding a Certificate of Authority.
3. Insurance companies should also file with
the Colorado Secretary of State to conform the registered agent between the
corporate (Secretary of State) filing and the Uniform Consent to Service of
Process (Division of Insurance).
4.
Note: Filing the Form 12 with the Division of Insurance
WILL
NOT change the registered agent with the Colorado Secretary
of State. Each company is responsible for recording the change of registered
agent for corporate purposes with the Secretary of State.
B. Complete Form 12
1. A fully and properly completed Form 12
must include the following to designate a registered agent in Colorado:
a. Applicant Company Officers' Certification
and Attestation;
b. Name of the
registered agent (entity);
c. Phone
number of the registered agent;
d.
Email address of the registered agent;
e. Colorado mailing address of the registered
agent;
f. Colorado street address
of registered agent and
g.
Resolution authorizing Appointment of Attorney.
2. An acknowledgement that the registered
agent information has been received and recorded in the Division 's records will
be sent to the company.
3. Failure
to file a correct and complete Form 12 will subject a company to the penalties
established under ยง
10-3-109(3),
C.R.S. Penalties for failing to file a correct and complete Form 12 will be
assessed starting January 1, 2023.
D. On the first business day of every month,
the Division will post the revised list of registered agents on the Division 's
website.
Notes
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