Colorado § 26-12-204 Sale of property

Colorado Statutes

§ 26-12-204 — Sale of property

Colorado·Title 26 Human·Art. Veterans Community Living Centers Act

(1)The executive director, with the approval of the state board, shall sell any real property at the veterans center declared to be surplus by the state board to the highest bidder on such terms and conditions as are deemed appropriate by the executive director for not less than the appraised value thereof, as determined by an appraiser who is a member of the members appraisal institute (MAI), and to execute deeds of conveyance of such real property.

(2)Upon the sale of real property pursuant to subsection (1) of this section, the proceeds shall be deposited in the central fund and applied toward the retirement of any outstanding anticipation warrants.

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(1) The executive director, with the approval of
the state board, shall sell any real property at the veterans center declared to be
surplus by the state board to the highest bidder on such terms and conditions as
are deemed appropriate by the executive director for not less than the appraised
value thereof, as determined by an appraiser who is a member of the members
appraisal institute (MAI), and to execute deeds of conveyance of such real property.

(2) Upon the sale of real property pursuant to subsection (1) of this section,
the proceeds shall be deposited in the central fund and applied toward the
retirement of any outstanding anticipation warrants.

Colorado § 26-12-204 (Sale of property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 98: Entire article R&RE, p. 192, � 1, effective April 10. L. 2012: (1) amended, (HB 12-1063), ch. 149, p. 537, � 4, effective May 3. L. 2014: Entire section amended, (SB 14-096), ch. 59, p. 271, � 25, effective August 6.