(1) No policy of group life insurance shall be delivered in this state unless:
The policyholder was formed for purposes other than obtaining insurance, or is atrust established by one or more employers or by one or more labor unions, or by one or more employers and one or more labor unions; and
(Deleted by amendment, L. 2010, (HB 10-1203), ch. 47, p. 177, § 1, effective March29, 2010.)
An individual eligible for coverage is subject to such uniformly applied standards ofinsurability as may be imposed by the insurer.
Repealed.
Insurance under any group life insurance policy may be extended to insure dependents.
Repealed.
Source: L. 19: p. 441, § 1. C.L. § 2594. L. 29: p. 388, § 1. CSA: C. 87, § 164. L. 47: p. 580, § 1. L. 53: p. 373, §§ 1, 2. CRS 53: § 72-6-1. L. 55: p. 459, § 1. L. 59: p. 509, § 1. C.R.S. 1963: § 72-6-1. L. 65: p. 766, § 1. L. 67: pp. 164, 165, 174, 184, §§ 1-4, 1, 1. L. 73: p. 850, § 1.
L. 77: (1)(f) amended, p. 520, § 1, effective May 14; entire section R&RE, p. 521, § 1, effective July 1. L. 79: (3) repealed, p. 393, § 1, effective May 25. L. 83: (1)(d) repealed, p. 463, § 2, effective March 16. L. 2010: (1) amended, (HB 10-1203), ch. 47, p. 177, § 1, effective March 29.
Editor's note: Subsection (1)(f) was amended in House Bill 77-1232. Those amendments were superseded by the repeal and reenactment of the section in House Bill 771445.