Colorado § 31-35-608 - Installment payments - due date - interest.
Full text of Colorado Colorado Revised Statutes § 31-35-608 — Installment payments - due date - interest., with citation guidance and answers to common questions.
§ 31-35-608. Installment payments - due date - interest.
In case of such election to pay in such installments, the assessment shall be payable in two or more equal annual installments of principal, the first of which installments shall be payable as prescribed by the governing body in not more than one year, with interest in all cases on the unpaid principal, payable semiannually, at a rate not exceeding six percent per annum. The number of installments, the period of payment, and the rate of interest shall be determined by the governing body and set forth in the assessing ordinance.
Source: L. 75: Entire title R&RE, p. 1265, § 1, effective July 1.
Editor's note: This section is similar to former § 31-35-508 as it existed prior to 1975.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 31-35-608
What does Colorado Revised Statutes § 31-35-608 cover?
Section 31-35-608 ("Installment payments - due date - 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 § 31-35-608?
A common citation format is "Colorado Revised Statutes § 31-35-608" (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 § 31-35-608 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.