It is the policy of the general assembly and the intent and purpose of this article to simplify the procedures for organizing and regulating the operations of captive insurance companies within the state of Colorado, to encourage the formation of such companies while retaining the integrity, financial solvency, and stability of insurance operations, and thereby promoting economic development and the general welfare of the people of the state of Colorado.
Source: L. 72: p. 428, § 1. C.R.S. 1963: § 72-36-2. L. 89: Entire section amended, p.
462, § 1, effective April 15. L. 94: Entire section amended, p. 541, § 1, effective April 6.