State RegulationsCO specificDifficulty 1/5
A licensed Colorado producer moves from Denver to Colorado Springs. Under C.R.S. § 10-2-412, the producer must notify the Commissioner of the address change in writing within:
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
C.R.S. § 10-2-412 requires both individual and agency licensees to notify the Commissioner in writing of any change of address within 30 days. Prompt notice keeps the Division's records — and the licensee's ability to receive continuation notices and Division correspondence — accurate.
Why the other options are wrong
- A) 10 days is the response window for an Examination Request/Comment Form under Colorado Insurance Regulation 1-1-8, not the address-change period.
- C) 45 days is the premium-remittance period when a contract sets no due date under C.R.S. § 10-2-704, not the address-change period.
- D) 90 days is the reciprocity window for nonresident applicants with a recent home-state license, not the address-change period.
Memory hook
New address? Tell the Division in writing inside 30 days.