Colorado § 38-1-116 Interest on award

Colorado Statutes

§ 38-1-116 — Interest on award

Colorado § 38-1-116

Title 38Property -

Art.Proceedings

This text of Colorado § 38-1-116 (Interest on award) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 38-1-116 (2026).

Text

The court shall forthwith cause the report of
the commissioners or the verdict of the jury to be entered upon the records of the
court, and, where possession of the property has been previously taken by the
petitioner pursuant to section 38-1-105 (6), it shall add to the amount of any such
award interest at the rate established pursuant to section 5-12-106 (2), C.R.S., on
and after the date of such possession until the date such award of the
commissioners or verdict of the jury is filed with the clerk of the court. No interest
shall be allowed on that portion of the award which the owner and others interested
received or could have received as a partial payment by withdrawal from the
deposit as provided in section 38-1-105 (6), nor shall interest be allowed for the
period wherein

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The court shall forthwith cause the report of
the commissioners or the verdict of the jury to be entered upon the records of the
court, and, where possession of the property has been previously taken by the
petitioner pursuant to section 38-1-105 (6), it shall add to the amount of any such
award interest at the rate established pursuant to section 5-12-106 (2), C.R.S., on
and after the date of such possession until the date such award of the
commissioners or verdict of the jury is filed with the clerk of the court. No interest
shall be allowed on that portion of the award which the owner and others interested
received or could have received as a partial payment by withdrawal from the
deposit as provided in section 38-1-105 (6), nor shall interest be allowed for the
period wherein the trial of the case is delayed or continued by or at the request of
the respondent.

Legislative History

Source: L. 61: p. 375, � 7. CRS 53: � 50-1-20. L. 63: p. 477, � 4. C.R.S. 1963: � 50-1-19. L. 66: p. 31, � 4. L. 85: Entire section amended, p. 1194, � 4, effective June 6.