Colorado § 24-56-120 - No new value or damage element created.
Full text of Colorado Colorado Revised Statutes § 24-56-120 — No new value or damage element created., with citation guidance and answers to common questions.
§ 24-56-120. No new value or damage element created.
(1) The provisions of section 24-56-117 create no rights or liabilities and shall not affect the validity of any property acquisition by purchase or condemnation.
(2) Nothing in this article shall be construed as creating in any condemnation proceedings brought under the power of eminent domain any element of value or damage not in existence immediately prior to May 6, 1971.
Source: L. 71: p. 680, § 1. C.R.S. 1963: § 69-10-20.
Frequently Asked Questions About Colorado § 24-56-120
What does Colorado Revised Statutes § 24-56-120 cover?
Section 24-56-120 ("No new value or damage element created.") 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 § 24-56-120?
A common citation format is "Colorado Revised Statutes § 24-56-120" (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 § 24-56-120 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.