Colo. Rev. Stat. § 38-13-1006
Current through Acts effective through 7/1/2024 of the 2024 Legislative Session
If a person subject to examination under section 38-13-1002 does not retain the records required by section 38-13-404, the administrator may determine the value of property due using a reasonable method of estimation based on all information available to the administrator, including extrapolation and use of statistical sampling when appropriate and necessary, consistent with examination procedures and standards adopted under section 38-13-1003 (1) and in accordance with section 38-13-1003 (2).
C.R.S. § 38-13-1006