Colorado § 13-64-201 - Legislative declaration.
Full text of Colorado Colorado Revised Statutes § 13-64-201 — Legislative declaration., with citation guidance and answers to common questions.
§ 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: L. 88: Entire article added, p. 613, § 1, effective July 1.
Frequently Asked Questions About Colorado § 13-64-201
What does Colorado Revised Statutes § 13-64-201 cover?
Section 13-64-201 ("Legislative declaration.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 13-64-201?
A common citation format is "Colorado Revised Statutes § 13-64-201" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 13-64-201 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.