Colorado Revised Statutes

Colo. Rev. Stat. § 10-3-556 (2026)

Attachment, garnishment, and levy of execution

✓ current as of July 2026

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During the pendency in this or any other state of a liquidation proceeding, whether called by that name or not, no action or proceeding in the nature of an attachment, garnishment, or levy of execution shall be commenced or maintained in this state against the delinquent insurer or its assets.

Source: L. 92: Entire part R&RE, p. 1483, § 14, effective July 1.

Editor's note: This section is similar to former § 10-3-510 as it existed prior to 1992.

Notes of Decisions

Cited in 2 cases, 1995–2019 · leading case: Herstam v. Bd. of Directors.

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Herstam v. Bd. of Directors (Colo. Ct. App. 1995). · cites it 2× “§ 20-627 (1990) (claims of residents against insurers domiciled in reciprocal states); and § 10-3-556, C.R.S. (1991 Repl.Vol. 4A) and Ariz.”

v. Shovelton (Colo. Ct. App. 2019). · cites it 2× “2018 (claims of residents against insurers domiciled in reciprocal states), and § 10-3-556, C.R.S. 2018 (attachment, garnishment, and levy of execution), with S.”

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