Colorado Revised Statutes Title 13. Courts and Court Procedure § 13-64-201. Legislative declaration

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(1) The general assembly declares the purposes of enacting this part 2 are to:

(a) Alleviate the practical problems incident to the unpredictability of future losses;

(b) Effectuate more precise awards of damages for actual losses;

(c) Pay damages as the losses are found to accrue;

(d) Assure that payments of damages more nearly serve the purposes for which they are awarded;

(e) Reduce the burden on public assistance costs created by the dissipation of lump-sum payments;  and

(f) Conform to the income tax policies in the federal “Internal Revenue Code of 1986” and the laws of this state with respect to compensation for personal injuries.

Cite this article: FindLaw.com - Colorado Revised Statutes Title 13. Courts and Court Procedure § 13-64-201. Legislative declaration - last updated January 01, 2019 | https://codes.findlaw.com/co/title-13-courts-and-court-procedure/co-rev-st-sect-13-64-201.html


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