Colorado Statutes
§ 38-26-110 — Excessive amounts claimed
(1)Any person who files a verified
statement of a claim or asserts a claim against a principal or surety that has
furnished a bond under this article for an amount greater than the amount due
without a reasonable possibility that the amount claimed is due and with the
knowledge that the amount claimed is greater than the amount due, and that fact is
demonstrated in any proceedings under this article, shall forfeit all rights to the
amount claimed and shall be liable to the following in an amount equal to all costs
and all attorney fees reasonably incurred in bonding over, contesting, or otherwise
responding in any way to the excessive verified statement of claim or excessive
bond claim:
(a)The person to whom or which a disbursement would be made but for the
verified statement
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Legislative History
Source: L. 2003: Entire section added, p. 1690, � 2, effective September 1.
Nearby Sections
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§ 38-1-101.5
Necessity of taking land for pipelines§ 38-1-101.7
Limitations on the use of right-of-way§ 38-1-102
Petition - contents - parties§ 38-1-103
Summons - return - publication§ 38-1-104
Trial - amendments - rules§ 38-1-106
Jury§ 38-1-108
Order of possession§ 38-1-109
Intervention - cross petition§ 38-1-110
Appellate review§ 38-1-111
Possession pending appeal§ 38-1-112
Payment to clerk or owner§ 38-1-113
Verdict recorded§ 38-1-115
Contents of report or verdict