State RegulationsCO specificDifficulty 3/5
Which conduct is expressly permitted under C.R.S. § 10-3-1104(1)(a)?
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
C.R.S. § 10-3-1104(1)(a) expressly exempts a written, factual policy comparison that permits the applicant to make an informed decision. The statute targets deception — misleading policy titles, presenting a policy as a security, and misstatements to induce an exchange all remain prohibited while honest side-by-side comparisons are lawful.
Why the other options are wrong
- A) Presenting a policy as a security or investment is an enumerated misrepresentation violation.
- C) Misleading policy names or titles are expressly listed as misrepresentation under the statute.
- D) Misstating terms to induce an exchange is the twisting conduct the subsection prohibits.
Memory hook
Facts in writing are fine; fiction is the violation (§ 10-3-1104(1)(a)).