Colorado § 10-20-118 Stay of proceedings - reopening default judgments

Colorado Statutes

§ 10-20-118 — Stay of proceedings - reopening default judgments

Colorado § 10-20-118

Title 10Insurance

Art.Life and Health Insurance

This text of Colorado § 10-20-118 (Stay of proceedings - reopening default judgments) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 10-20-118 (2026).

Text

All
proceedings in which the impaired or insolvent insurer is a party in any court in this
state shall be stayed for one hundred eighty days after the date an order of
conservation, rehabilitation, or liquidation is final to permit proper legal action by
the association on any matters germane to its powers or duties. As to judgment
under any decision, order, verdict, or finding based on default, the association may
apply to have the judgment set aside by the same court that issued the judgment
and shall be permitted to defend against such suit on the merits.

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All
proceedings in which the impaired or insolvent insurer is a party in any court in this
state shall be stayed for one hundred eighty days after the date an order of
conservation, rehabilitation, or liquidation is final to permit proper legal action by
the association on any matters germane to its powers or duties. As to judgment
under any decision, order, verdict, or finding based on default, the association may
apply to have the judgment set aside by the same court that issued the judgment
and shall be permitted to defend against such suit on the merits.

Legislative History

Source: L. 91: Entire article added, p. 1280, � 1, effective July 1. L. 2013: Entire section amended, (SB 13-032), ch. 34, p. 99, � 10, effective March 15.