Bankruptcy Exemption Citations
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← Colorado Insurance — Life, Disability Exemptions

Exemption: Homeowners' insurance proceeds for 1 year after received, to homestead exemption amount

Citation: Stat. - Colo. Rev. Stat. § 38-41-209

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Colo. Rev. Stat. § 38-41-209:
Part 2. Homestead Exemptions (Refs & Annos)

§ 38-41-209. Insurance proceeds

Whenever the improvements on property which has been homesteaded are insured in favor of a person entitled to the exemption and a loss is incurred entitling such person to the insurance or a part thereof, such insurance proceeds to the amount of the exemption shall be exempt in the same manner as provided for a sale of the homesteaded property.
Last Amended: 1963

1963
Derivation:
Laws 1953, S.B.267, § 6.
C.R.S.1953, § 77-3-9.
C.R.S.1963, § 77-3-9.

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