Colorado Const. art. V, § 38

Colorado Constitution

Article V, § 38 — No liability exchanged or released

Colorado Const. art. V, § 38 (No liability exchanged or released) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Section§ 38

CitationColorado Const. art. V, § 38

Bluebook

Colo. Const. art. V, § 38.

Full Text

No obligation or liability of any person, association, or corporation, held or owned by the state, or any municipal corporation therein, shall ever be exchanged, transferred, remitted, released, or postponed or in any way diminished by the general assembly, nor shall such liability or obligation be extinguished except by payment thereof into the proper treasury. This section shall not prohibit the write-off or release of uncollectible accounts as provided by general law.

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No obligation or liability of any person, association, or corporation, held or owned by the state, or any municipal corporation therein, shall ever be exchanged, transferred, remitted, released, or postponed or in any way diminished by the general assembly, nor shall such liability or obligation be extinguished except by payment thereof into the proper treasury. This section shall not prohibit the write-off or release of uncollectible accounts as provided by general law.

History

Entire article added, effective August 1, 1876, see L. 1877, p. 43. L. 74: Entire section amended, p. 451, effective January 1, 1975. | Editor's note: The Governor's proclamation date in 1974 was December 20, 1974.