{"data":{"id":"us-co/c.r.s.-13-64-201","jurisdiction":"us-co","citation":"C.R.S. § 13-64-201","heading":"Legislative declaration.","body":"(1) The general assembly declares the purposes of enacting this part 2 are to:\n\n(a) Alleviate the practical problems incident to the unpredictability of future losses;\n\n(b) Effectuate more precise awards of damages for actual losses;\n\n(c) Pay damages as the losses are found to accrue;\n\n(d) Assure that payments of damages more nearly serve the purposes for which they are awarded;\n\n(e) Reduce the burden on public assistance costs created by the dissipation of lump-sum payments; and\n\n(f) 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.","path":["Title 13 - COURTS AND COURT PROCEDURE","Article 64 - Health Care Availability Act","Part 2 - PERIODIC PAYMENTS OF TORT JUDGMENTS"],"source_url":"https://olls.info/crs/crs2026-title-13.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"90bb18b45065d661859db5811f81246a193746730a71c2b2a62c52538e91704e","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-13-64-102","next":"us-co/c.r.s.-13-64-202"},"notice":"GroundRules: Original legal text. Not legal advice."}