Colorado Statutes
§ 38-38-601 — Receiver appointed upon application
Colorado § 38-38-601
This text of Colorado § 38-38-601 (Receiver appointed upon application) 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. § 38-38-601 (2026).
Text
(1)When an action or
proceeding has been commenced to foreclose a mortgage, trust deed, or other
instrument securing an indebtedness, a receiver of the property affected shall be
appointed upon application at any time prior to the sale, if it appears that the
security is clearly inadequate or that the premises are in danger of being materially
injured or reduced in value as security by removal, destruction, deterioration,
accumulation of prior liens, or otherwise so as to render the security inadequate.
(2)If the facts would justify the appointment of a receiver under this section
but one is not applied for and if the premises are abandoned by the owner thereof,
the holder of the lien may take possession until the sale and shall be subject to the
same duties and liabilities for
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Legislative History
Source: L. 90: Entire article R&RE, p. 1673, � 2, effective October 1.
Nearby Sections
15
§ 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 verdictCite This Page — Counsel Stack
Bluebook (online)
Colorado § 38-38-601, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/38/38-38-601.