Article V. Legislative Department
Article V, Section 38. No liability exchanged or released
Constitution of the State of Colorado
Official text
No obligation or liability of any person, association, or corporation, held or owned by the state, or any municipal corporation therein, shall ever be exchanged, transferred, remitted, released, or postponed or in any way diminished by the general assembly, nor shall such liability or obligation be extinguished except by payment thereof into the proper treasury. This section shall not prohibit the write-off or release of uncollectible accounts as provided by general law.
Source: Entire article added, effective August 1, 1876, see L. 1877, p. 43. L. 74: Entire section amended, p. 451, effective January 1, 1975.
Source: Colorado Revised Statutes 2024, Constitution (Colorado Office of Legislative Legal Services)
Bills that cite this section
No published bill analyses cite this section yet.
Constitutional analysis on this site is educational and is not legal advice.