Colo. Rev. Stat. § 12-165-109 – Insurance required. | Midpage

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Colorado Revised Statutes (C.R.S.)

§ 12-165-109

Colo. Rev. Stat. § 12-165-109

Insurance required.

Effective Sep 7, 2021L. 2021: Entire article added, (HB 21-1195), ch. 398, p. 2641, § 1, effective September 7.

(1) A licensee shall not engage in radon measurement or radon mitigation activities, as applicable, unless the licensee maintains professional liability insurance that:
1. (a) Is issued by an insurance company authorized by the division of insurance to transact insurance business in this state;
2. (b) Is in effect at all times during the license period;
3. (c) Provides for general liability coverage in an amount of at least:
  1. (I) Two hundred fifty thousand dollars for radon measurement professionals; and
  2. (II) Five hundred thousand dollars for radon mitigation professionals; and
4. (d) Lists the division of insurance as a certificate holder.

Source: L. 2021: Entire article added, (HB 21-1195), ch. 398, p. 2641, § 1, effective September 7.