Waiver of interest and penalty

Colo. Rev. Stat. § 38-13-1206, under Property - Real and Personal.

Colo. Rev. Stat. § 38-13-1206

The administrator shall waive a penalty under section 38-13-1204 (2) if the administrator determines that the holder acted in good faith and without negligence.

Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 454, � 1, effective July 1, 2020.