In the event any domestic insurer or alien insurer using this state as a state of entry into the United States is required, pursuant to the laws of any other state, country, province, district, or territory, to make a deposit differing in amount or character from the deposit required of domestic insurers by the laws of this state, such insurer may deposit with the commissioner cash or securities of the kind and amount sufficient to enable the insurer to meet such requirement, and the commissioner shall issue a certificate as evidence of such deposit for filing with an official of such other state, country, province, district, or territory.
Source: L. 53: p. 361, § 3. CRS 53: § 72-16-3. C.R.S. 1963: § 72-15-3.
Cross references: For the deposit and safekeeping of deposits generally, see § 10-3-210.