§ 13-64-207 — Form of funding

(1) A judgment for periodic payments entered
in accordance with this part 2 shall provide for payments to be funded in one or
more of the following forms approved by the court:

(a) Annuity contract issued by a company licensed to do business as an
insurance company under the laws of this state;

(b) An obligation or obligations of the United States;

(c) Evidence of applicable and collectible liability insurance from one or
more qualified insurers;

(d) An agreement by one or more personal injury liability assignees to
assume the obligation of the judgment debtor;

(e) An obligation of the state of Colorado or of a public entity other than the
state which is self-insured as provided in section 24-10-115, 24-10-115.5, or 24-10-116, C.R.S.; or

(f) Any other satisfactory form of funding.

(2) The court shall require that the annuity contract or other form of funding
permitted by subsection (1) of this section show that portion of each periodic
payment which is attributable to loss of future earnings and that portion
attributable to all other future damages.

Legislative History

Source: L. 88: Entire article added, p. 616, � 1, effective July 1.