Colorado § 15-12-1410 - Right of reimbursement.
Full text of Colorado Colorado Revised Statutes § 15-12-1410 — Right of reimbursement., with citation guidance and answers to common questions.
§ 15-12-1410. Right of reimbursement.
(1) A person required pursuant to section 15-12-1409 to pay an estate tax greater than the amount due from the person pursuant to sections 15-12-1403 and 15-12-1404 has a right to reimbursement from another person to the extent that the other person has not paid the tax required by sections 15-12-1403 and 15-12-1404 and a right to reimbursement ratably from other persons to the extent that each has not contributed a portion of the amount collected pursuant to section 15-12-1409 (2).
(2) A fiduciary may enforce the right of reimbursement under subsection (1) of this section on behalf of the person that is entitled to the reimbursement and shall take reasonable steps to do so if so requested by the person.
Source: L. 2011: Entire part added, (SB 11-165), ch. 184, p. 706, § 1, effective August 10.
OFFICIAL COMMENT
The Act does not include a provision for interest on the collection of a reimbursement, and the question of whether interest will be payable is left to the courts to decide.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 15-12-1410
What does Colorado Revised Statutes § 15-12-1410 cover?
Section 15-12-1410 ("Right of reimbursement.") 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 § 15-12-1410?
A common citation format is "Colorado Revised Statutes § 15-12-1410" (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 § 15-12-1410 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.