C.R.S. Section 13-64-201
Legislative declaration


(1)

The general assembly declares the purposes of enacting this part 2 are to:

(a)

Alleviate the practical problems incident to the unpredictability of future losses;

(b)

Effectuate more precise awards of damages for actual losses;

(c)

Pay damages as the losses are found to accrue;

(d)

Assure that payments of damages more nearly serve the purposes for which they are awarded;

(e)

Reduce the burden on public assistance costs created by the dissipation of lump-sum payments; and

(f)

Conform to the income tax policies in the federal “Internal Revenue Code of 1986” and the laws of this state with respect to compensation for personal injuries.

Source: Section 13-64-201 — Legislative declaration, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-13.­pdf (accessed Oct. 20, 2023).

Green check means up to date. Up to date

Current through Fall 2024

§ 13-64-201’s source at colorado​.gov