Colo. Rev. Stat. § 38-24.5-108

Current through 11/5/2024 election
Section 38-24.5-108 - Acknowledgment of satisfaction of lien - penalty

Whenever the indebtedness which is a lien upon any such grain or other crops is paid and satisfied, it is the duty of the lienor to acknowledge satisfaction thereof and to discharge the lien of record; and, if any lienor fails to acknowledge satisfaction and discharge said lien within thirty days after being requested to do so by a person having a property interest in such grain or other crops, he is liable to any person injured thereby in the amount of such injury and the costs of the action.

C.R.S. § 38-24.5-108

L. 89: Entire article added, p. 1444, § 1, effective July 1.