Colorado § 44-20-115 - Notice of claims honored against bond.

Full text of Colorado Colorado Revised Statutes § 44-20-115 — Notice of claims honored against bond., with citation guidance and answers to common questions.

§ 44-20-115. Notice of claims honored against bond.

(1) A corporate surety that has provided a bond to a licensee pursuant to section 44-20-112, 44-20-113, or 44-20-114 shall provide notice to the board and executive director of any claim that is honored against the bond within thirty days after the claim is honored.

(2) A notice provided by a corporate surety pursuant to subsection (1) of this section must be in the form required by the director, subject to approval by the board, and must include the name of the licensee, the name and address of the claimant, the amount of the honored claim, and the nature of the claim against the licensee.

Source: L. 2018: Entire article added with relocations, (SB 18-030), ch. 7, p. 60, § 2, effective October 1.

Editor's note: This section is similar to former § 12-6-112.7 as it existed prior to 2018.

Source: official Colorado text · Last verified 2026-08-27

Frequently Asked Questions About Colorado § 44-20-115

What does Colorado Revised Statutes § 44-20-115 cover?

Section 44-20-115 ("Notice of claims honored against bond.") 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 § 44-20-115?

A common citation format is "Colorado Revised Statutes § 44-20-115" (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 § 44-20-115 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.