Each secured party, whose security interest in the subject livestock appears in the list of effective filings as maintained by the central filing officer pursuant to the "Central Filing of Effective Financing Statement Act", article 9.5 of title 4, C.R.S., prior to the commissioner's payment to the owner of any excess sales proceeds pursuant to section 35-50-109 (7); prior to the issuance to the owner of the state's certificate of indebtedness pursuant to section 35-50-114 (1); or prior to the commissioner's authorization of payment of indemnity pursuant to section 35-50-114 (2) shall have a right to the proceeds of any such payment or indemnity or to such certificate of indebtedness, which is prior to that of the owner, and the commissioner or the governor, as the case may be, shall cause the foregoing to be paid or issued jointly to each such secured party and to the owner.
Source: L. 2005: Entire article R&RE, p. 461, § 1, effective December 1.
Editor's note: The former § 35-50-121 was relocated to § 35-50-105 in 2005.
Structure Colorado Code
Article 50 - Livestock Health Act
§ 35-50-102. Legislative Declaration
§ 35-50-104. State Veterinarian and Authorized Representatives
§ 35-50-105. Powers and Duties of the Commissioner
§ 35-50-106. Veterinary Vaccine and Service Fund - Expenditures - Rules
§ 35-50-107. Disease Detection and Prevention
§ 35-50-108. Mandatory Reporting
§ 35-50-109. Inspection and Testing
§ 35-50-110. State Livestock Disease Diagnostic Laboratories
§ 35-50-112. Importation of Livestock - Pet Animal Health Certificates
§ 35-50-113. Condemnation of Livestock
§ 35-50-114. Indemnification of Livestock Owners
§ 35-50-115. Cervidae Disease Revolving Fund - Creation
§ 35-50-119. Criminal Penalties
§ 35-50-119. Criminal Penalties
§ 35-50-120. Information Sharing and Analysis