§ 38-20-207 — Abandoned livestock - notice - disposition

Colorado § 38-20-207

• Jurisdiction: Colorado
• Title 38: Property -
• Art.: Lien on Personal Property

Text

(1) Livestock shall
be presumed abandoned if:

(a) The owner or owner's agent has failed to contact the lienor within ten
days after service of notice under section 38-20-206;

(b) The lienor, in good faith, has no reasonable grounds to believe that the
owner does not intend to abandon the livestock; and

(c) The agistor has sent written notice of abandonment pursuant to the
publication procedures in this article.

(2) The board shall care for and dispose of any abandoned livestock pursuant
to section 35-44-112, C.R.S.

(3) After paying all expenses incurred, the board shall pay the agistor for the
cost of herding or caring for such livestock, not to exceed the fair market value of
the actual cost of such herding or caring or five hundred dollars per head,
whichever is less.

(4) (a) Any surplus funds forwarded to the state board of stock inspection
commissioners shall be deposited in the estray fund of said board in the manner
described in section 38-20-206.

(b) If the owner of livestock presumed to be abandoned is found within three
years after the date of the sale of such livestock, the net amount received from the
sale shall be paid to the owner, less the following amounts, upon said owner
proving ownership to the satisfaction of the board:

(I) A sum determined by the board by rule for each abandoned animal, to be
retained by the state board of stock inspection commissioners;

(II) The amount of any judgment awarded the lienor; and

(III) Any amounts owed to a secured party that has filed a lien against the
livestock presumed to be abandoned and submitted a claim to the board.

(c) A current livestock inspection certificate shall be prima facie evidence of
ownership.

Legislative History

Source: L. 96: Entire part added, p. 1391, � 11, effective July 1. L. 2004: (4)(b)(I) amended, p. 651, � 16, effective July 1.