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Colorado Revised Statutes Title 10. Insurance § 10-3-127. Domicile of nonprofit hospital, medical-surgical, and health services corporations

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(1) A corporation organized under the laws of another state for the purposes set forth in section 10-16-302 may qualify under parts 1 and 3 of article 16 of this title to do business in this state as a nonprofit hospital, medical-surgical, and health services corporation, and upon notice to the commissioner may change its domicile by merger, consolidation, or otherwise under the procedures of section 10-3-125 for insurers. Except as specified in this section, any such corporation shall comply with all provisions of parts 1 and 3 of article 16 of this title with respect to the business of the corporation in this state.

(2) The provisions of sections 10-16-304(1) and 10-16-305(1) shall apply to a foreign corporation to the extent such provisions do not conflict with the governing laws of the corporation's domicile.

Cite this article: FindLaw.com - Colorado Revised Statutes Title 10. Insurance § 10-3-127. Domicile of nonprofit hospital, medical-surgical, and health services corporations - last updated January 01, 2019 | https://codes.findlaw.com/co/title-10-insurance/co-rev-st-sect-10-3-127.html


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