Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 38. Property Real and Personal § 38-20-207. Abandoned livestock--notice--disposition - last updated January 01, 2025 | https://codes.findlaw.com/co/title-38-property-real-and-personal/co-rev-st-sect-38-20-207/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)