Colorado § 13-64-207 - Form of funding.
Full text of Colorado Colorado Revised Statutes § 13-64-207 — Form of funding., with citation guidance and answers to common questions.
§ 13-64-207. Form of funding.
(1) A judgment for periodic payments entered in accordance with this part 2 shall provide for payments to be funded in one or more of the following forms approved by the court:
(a) Annuity contract issued by a company licensed to do business as an insurance company under the laws of this state;
(b) An obligation or obligations of the United States;
(c) Evidence of applicable and collectible liability insurance from one or more qualified insurers;
(d) An agreement by one or more personal injury liability assignees to assume the obligation of the judgment debtor;
(e) An obligation of the state of Colorado or of a public entity other than the state which is self-insured as provided in section 24-10-115, 24-10-115.5, or 24-10-116, C.R.S.; or
(f) Any other satisfactory form of funding.
(2) The court shall require that the annuity contract or other form of funding permitted by subsection (1) of this section show that portion of each periodic payment which is attributable to loss of future earnings and that portion attributable to all other future damages.
Source: L. 88: Entire article added, p. 616, § 1, effective July 1.
ANNOTATION
Section gives discretion to trial court in entering its judgment for periodic payments. Trial court not required to approve an order allowing defendant to purchase an annuity at a cost less than the jury's present value award even if the annuity pays the plaintiff the equivalent of the future value of damages. Garhart ex rel. Tinsman v. Columbia/HealthONE, L.L.C., 168 P.3d 512 (Colo. App. 2007).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 13-64-207
What does Colorado Revised Statutes § 13-64-207 cover?
Section 13-64-207 ("Form of funding.") 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 § 13-64-207?
A common citation format is "Colorado Revised Statutes § 13-64-207" (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 § 13-64-207 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.