Colorado § 36-3-108 Certified check with proposal

Colorado Statutes

§ 36-3-108 — Certified check with proposal

Colorado·Title 36 Natural·Art. Desert Lands

A certified check payable to the
state board of land commissioners for a sum of not less than two hundred fifty
dollars and not more than two thousand five hundred dollars, as may be determined
by the rules of the board, shall accompany each such request and proposal. It shall
be held as a guarantee of the execution of the contract with the state, in
accordance with its terms, by the party submitting such proposal, in case of the
approval of the same and the selection of the land by the board. It shall be forfeited
to the state in case of failure of the parties to enter into a contract with the state, in
accordance with the provisions of this article.

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A certified check payable to the
state board of land commissioners for a sum of not less than two hundred fifty
dollars and not more than two thousand five hundred dollars, as may be determined
by the rules of the board, shall accompany each such request and proposal. It shall
be held as a guarantee of the execution of the contract with the state, in
accordance with its terms, by the party submitting such proposal, in case of the
approval of the same and the selection of the land by the board. It shall be forfeited
to the state in case of failure of the parties to enter into a contract with the state, in
accordance with the provisions of this article.

Colorado § 36-3-108 (Certified check with proposal) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.