Colorado § 30-20-614 - How installments paid - interest.
Full text of Colorado Colorado Revised Statutes § 30-20-614 — How installments paid - interest., with citation guidance and answers to common questions.
§ 30-20-614. How installments paid - interest.
In case of such election to pay in installments, the assessments shall be payable in two or more installments of principal, the first of which installments shall be payable as prescribed by the board in not more than five years and the last in not more than twenty years, with interest in all cases on the unpaid principal. The number and amounts of payment of installments, the period of payment, and the rate and times of payment of interest shall be determined by the board and set forth in the assessing resolution. The times of payment of installments shall be the same as the times of payment for installments of property taxes as specified in section 39-10-104.5 (2), C.R.S.; except that all special assessments for local improvements authorized in section 30-20-603 (11.5) may be payable at such alternate times as provided by the board in the assessing resolution and the board may enter into agreements with third parties to assist the treasurer with the administration and collection of such installments.
Source: L. 73: p. 488, § 1. C.R.S. 1963: § 36-30-13. L. 85: Entire section amended, p. 1074, § 5, effective May 24. L. 86: Entire section amended, p. 1059, § 30, effective July 1. L. 90: Entire section amended, p. 1472, § 3, effective October 1. L. 92: Entire section amended, p. 2184, § 63, effective June 2. L. 2008: Entire section amended, p. 1298, § 18, effective May 27.
Editor's note: This section was originally numbered as § 30-20-613 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 30-20-614
What does Colorado Revised Statutes § 30-20-614 cover?
Section 30-20-614 ("How installments paid - interest.") 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 § 30-20-614?
A common citation format is "Colorado Revised Statutes § 30-20-614" (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 § 30-20-614 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.