Colorado § 8-10-103 - Payment - prorating - prior mortgage not impaired.
Full text of Colorado Colorado Revised Statutes § 8-10-103 — Payment - prorating - prior mortgage not impaired., with citation guidance and answers to common questions.
§ 8-10-103. Payment - prorating - prior mortgage not impaired.
No claim under this article shall be paid until after the expiration of the time in which to present such claim. If the funds realized from the sale of the property seized are insufficient to pay the total claims presented, such funds shall be prorated on such claims. The provisions of this article shall not be construed to extend to creditors who held a duly recorded mortgage upon the property attached which was given for a debt actually existing from such mortgage before the labor was performed.
Source: L. 03: p. 144, § 3. R.S. 08: § 7000. C.L. § 4245. CSA: C. 97, § 219. CRS 53: § 80-12-3. C.R.S. 1963: § 80-16-3.
ANNOTATION
This section places the claims of employees for labor in a preferred class to be paid in preference to other simple contract creditors. Central Sav. Bank v. Newton, 59 Colo. 150, 147 P. 690 (1915).
But it does not create an express statutory lien superior to all other liens without reference to priority. Central Sav. Bank v. Newton, 59 Colo. 150, 147 P. 690 (1915).
And it is not intended to give such claims a preference upon the corpus of mortgaged property. Central Sav. Bank v. Newton, 59 Colo. 150, 147 P. 690 (1915); Helm v. Smith, 62 Colo. 203, 162 P. 143 (1916).
A recorded mortgage for an existing debt takes precedence over claims for labor subsequently performed. Central Sav. Bank v. Newton, 59 Colo. 150, 147 P. 690 (1915).
Claims against a going railroad might be preferred over prior mortgage liens. First Nat'l Bank v. Wyman, 16 Colo. App. 468, 66 P. 456 (1901).
But ordinary liabilities of a railway company are preferred to a mortgage debt only when accrued within six months prior to the appointment of a receiver, and this rule is departed from only in extreme cases and for special reasons. Helm v. Smith, 62 Colo. 203, 162 P. 143 (1916).
Moreover, the very existence of such a rule presupposes an affirmative showing of facts sufficient to invoke and warrant its application; and where the record fails to disclose that the railroad involved is a public or quasi-public corporation, or that it had ever been operated as such, and there is no attempt to show that the claims were valid and existing obligations against the company at the time of presentment, much less that they have any of the other attributes or characteristics which would in equity entitle them to preference over a mortgage lien, preference will be denied. Central Sav. Bank v. Newton, 59 Colo. 150, 147 P. 690 (1915).
Thus the salary of an attorney which accrued more than 13 months prior to the appointment of a receiver for a railroad, no effort having been made to enforce payment and the attorney having all the time full knowledge of the bonded indebtedness, was not entitled to a preference. Helm v. Smith, 62 Colo. 203, 162 P. 143 (1916).
Labor Conditions
ARTICLE 11
Occupational Safety and Health
8-11-100.1 to 8-11-125. (Repealed)
Source: L. 80: Entire article repealed, p. 451, § 6, effective April 13.
Editor's note: This article was numbered as articles 2 and 22 of chapter 80, C.R.S. 1963. For amendments to this article prior to its repeal in 1980, consult the Colorado statutory research explanatory note and the table itemizing the replacement volumes and supplements to the original volume of C.R.S. 1973 beginning on page vii in the front of this volume.
ARTICLE 12
Colorado Youth Employment Opportunity Act
8-12-101. Short title.
8-12-102. Legislative declaration.
8-12-103. Definitions.
8-12-104. Exemptions.
8-12-105. Minimum age requirements - maximum hours of work.
8-12-106. Permissible occupations at age nine or older.
8-12-107. Permissible occupations at age twelve or older.
8-12-108. Permissible occupations at age fourteen or older.
8-12-109. Permissible occupations at age sixteen or older.
8-12-110. Hazardous occupations prohibited for minors.
8-12-111. Age certificates.
8-12-112. Proof of high school diploma, passing score on general educational development examination, or completion of career and technical education program.
8-12-113. School release permit.
8-12-114. Appeal from denial or cancellation of school release permit - procedure.
8-12-115. Director of division of labor standards and statistics - powers and duties - public records - filing final orders - rules - definition.
8-12-116. Penalty and damages for violations.
8-12-117. Remedies for violations - workers' compensation - remedies at law and in equity.
8-12-118. Protection from retaliation - rebuttable presumption of retaliation.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 8-10-103
What does Colorado Revised Statutes § 8-10-103 cover?
Section 8-10-103 ("Payment - prorating - prior mortgage not impaired.") 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 § 8-10-103?
A common citation format is "Colorado Revised Statutes § 8-10-103" (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 § 8-10-103 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.