Colorado § 44-32-510 - Liability insurance - bond for race meets.
Full text of Colorado Colorado Revised Statutes § 44-32-510 — Liability insurance - bond for race meets., with citation guidance and answers to common questions.
§ 44-32-510. Liability insurance - bond for race meets.
(1) For the protection of the public and the exhibitors, contestants, and visitors, every person licensed to conduct a race meet under the provisions of this article 32 shall carry public liability insurance in the form of a contract and with a company to be approved by the commission.
(2) An organization representing the majority of the owners of racing animals participating in any race meet may require the licensee conducting the race meet to provide and deliver to the commission evidence of a bond signed by a surety company authorized to do business in this state, in an amount sufficient to cover all awards and purses due to the contestants at the race meet and conditioned that the licensee will pay and discharge all obligations to the contestants in connection with the race meet.
Source: L. 2018: Entire article added with relocations, (HB 18-1024), ch. 26, p. 305, § 2, effective October 1.
Editor's note: This section is similar to former § 12-60-509 as it existed prior to 2018.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 44-32-510
What does Colorado Revised Statutes § 44-32-510 cover?
Section 44-32-510 ("Liability insurance - bond for race meets.") 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 § 44-32-510?
A common citation format is "Colorado Revised Statutes § 44-32-510" (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 § 44-32-510 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.