Colorado § 26-12-204 - Sale of property.
Full text of Colorado Colorado Revised Statutes § 26-12-204 — Sale of property., with citation guidance and answers to common questions.
§ 26-12-204. Sale of property.
(1) The executive director, with the approval of the state board, shall sell any real property at the veterans center declared to be surplus by the state board to the highest bidder on such terms and conditions as are deemed appropriate by the executive director for not less than the appraised value thereof, as determined by an appraiser who is a member of the members appraisal institute (MAI), and to execute deeds of conveyance of such real property.
(2) Upon the sale of real property pursuant to subsection (1) of this section, the proceeds shall be deposited in the central fund and applied toward the retirement of any outstanding anticipation warrants.
Source: L. 98: Entire article R&RE, p. 192, § 1, effective April 10. L. 2012: (1) amended, (HB 12-1063), ch. 149, p. 537, § 4, effective May 3. L. 2014: Entire section amended, (SB 14-096), ch. 59, p. 271, § 25, effective August 6.
Editor's note: This section is similar to former § 26-12-312 (2.5) as it existed prior to 1998.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 26-12-204
What does Colorado Revised Statutes § 26-12-204 cover?
Section 26-12-204 ("Sale of property.") 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 § 26-12-204?
A common citation format is "Colorado Revised Statutes § 26-12-204" (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 § 26-12-204 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.