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2020 Colorado Revised Statutes
Title 13 - Courts And Court Procedure
Article 64. Health Care Availability Act
Section 13-64-201. Legislative declaration.
Universal Citation: CO Rev Stat § 13-64-201 (2020)
(1) The general assembly declares the purposes of enacting this part 2 are to:
Alleviate the practical problems incident to the unpredictability of future losses;
Effectuate more precise awards of damages for actual losses;
Pay damages as the losses are found to accrue;
Assure that payments of damages more nearly serve the purposes for which they areawarded;
Reduce the burden on public assistance costs created by the dissipation of lump-sumpayments; and
Conform to the income tax policies in the federal "Internal Revenue Code of 1986"and the laws of this state with respect to compensation for personal injuries.
Source: L. 88: Entire article added, p. 613, § 1, effective July 1.
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