If any county treasurer or other person entrusted with the collection of any assessment made under the provisions of articles 1 to 8 of this title refuses, fails, or neglects to make prompt payment of the assessments, or any part thereof, collected under said articles to the treasurer of the district upon his presentation of a proper demand, then he shall pay a penalty of ten percent on the amount of his delinquency. Such penalty shall become due and payable at once, and both he and his sureties shall be liable therefor on his bond as provided for in said articles.
Source: L. 22: p. 63, § 56. C.L. § 9570. CSA: C. 138, § 181. CRS 53: § 30-5-18. C.R.S. 1963: § 29-5-18.
Structure Colorado Code
Title 37 - Water and Irrigation
Article 5 - Financial Administration
§ 37-5-103. Power to Borrow Money for the Preliminary Fund
§ 37-5-104.5. Determination of Special Benefits - Factors Considered
§ 37-5-105. Payment of Assessments
§ 37-5-108. Power to Borrow Money for the Maintenance Fund
§ 37-5-109. Readjustment of Maintenance Fund Assessments
§ 37-5-111. Manner of Collection - Tax Sale - Certificate of Purchase - Tax Deed
§ 37-5-112. Collection by Civil Action
§ 37-5-113. Bond of County Treasurer
§ 37-5-114. Lien of Conservancy Assessments
§ 37-5-115. Assessment Records Prima Facie Evidence
§ 37-5-116. Remedy for Defective Assessments
§ 37-5-117. Duties of Officers of Public Corporations as to Assessments
§ 37-5-118. Penalty for Failure of Treasurer to Pay Over Tax