§ 24-106-109 — Terms and conditions in contracts

Colorado § 24-106-109

• Jurisdiction: Colorado
• Title 24: Government
• Art.: Modification and Termination of Contracts

Text

Any term or condition in any
contract entered into by the state that requires the state to indemnify or hold
harmless another person, except as otherwise authorized by law, or by which the
state agrees to binding arbitration or any other binding extra-judicial dispute
resolution process in which the final resolution is not determined by the state, or by
which the state agrees to limit liability of another person for bodily injury, death, or
damage to tangible property of the state caused by the negligence or willful
misconduct of such person or such person's employees or agents shall be void ab
initio; except that the contract containing that term or condition shall otherwise be
enforceable as if it did not contain such term or condition. All contracts entered into
by the state, except for contracts with another government, shall be governed by
Colorado law notwithstanding any term or condition to the contrary.

Legislative History

Source: L. 2017: Entire section added, (HB 17-1051), ch. 99, p. 338, � 39, effective August 9.