Colorado Statutes
§ 13-64-203 — Periodic payments
(1)In any civil action for damages in tort
brought against a health-care professional or a health-care institution, the trial
judge shall enter a judgment ordering that awards for future damages be paid by
periodic payments rather than by a lump-sum payment if the award for future
damages exceeds the present value of one hundred fifty thousand dollars, as
determined by the court.
(2)In any such action in which the award for future damages is one hundred
fifty thousand dollars or less, present value, the trial judge may order that awards
for future damages be paid by periodic payments.
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Legislative History
Source: L. 88: Entire article added, p. 614, � 1, effective July 1.
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