US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Colorado Code » Title 38 - Property - Real and Personal » Article 24.5 - Harvesters' Liens » § 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.

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