State RegulationsCO specificDifficulty 1/5
A producer in Denver submits a false certificate of continuing education completion to the Division of Insurance. Under C.R.S. § 10-2-301(5), what happens to her license?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Under C.R.S. § 10-2-301(5), a producer who files a false certificate of continuing education completion has the license suspended until compliance with the CE requirement is shown. The remedy is curative rather than permanent: once the producer demonstrates genuine compliance, the suspension can be resolved, but the false certificate itself stops the producer from lawfully continuing to transact business.
Why the other options are wrong
- B) The statutory consequence under C.R.S. § 10-2-301(5) is suspension until compliance is shown, not permanent revocation.
- C) A minimum $500 fine per act is the Reg. 1-1-8 consequence for failing to respond to a Division inquiry, not the remedy for a false CE certificate.
- D) A compliance extension of up to 1 additional year for good cause exists under C.R.S. § 10-2-301, but it is not available to a producer who filed a false certificate.
Memory hook
Fake CE paperwork parks your license until you truly comply.