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No action or other proceeding based upon a violation of this article or any rule, regulation, or order of the commission shall be commenced or maintained unless it has been commenced within one year from the date of the alleged violation.

Source: L. 51: p. 660, § 10(d). CSA: C. 118, § 68(10)(d). CRS 53: § 100-6-14. C.R.S. 1963: § 100-6-14.