SB 25-036

Senate Bill 25-036 allows members of the Colorado State Patrol to be covered by self-insurance through the state’s Office of Risk Management instead of requiring them to have traditional bonding or insurance from a private company. This change applies specifically to State Patrol members and affects how they are financially protected against potential losses or damages. The bill has been signed into law, meaning it is now official policy in Colorado.

Official Summary

The act creates an exception to the requirement that a member of the Colorado state patrol be bonded by a surety company or insured with third-party crime insurance if the Colorado state patrol is self-insured with the Colorado state office of risk management and is eligible to be compensated from the state self-insured property fund. (Note: This summary applies to this bill as enacted.)

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