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§ 40-10-1-205 — Colorado Law | CourtGPT
  1. Home/
  2. Laws/
  3. Colorado/
  4. Title 40 - Utilities Public Utilities (§§ 40-1-101 — 40-17.5-105)general and Administrative (§§ 40-1-101 — 40-9.8-104)/
  5. Public Utilities - General and Administrative (§§ 40-1-101 — 40-9.8-104)/
  6. Motor Carriers and Intrastate Telecommunications Services/
  7. Article 10.1 - Motor Carriers/
  8. Part 2 - Motor Carriers of Passengers - Common Carriers and Contract Carriers/
  9. § 40-10-1-205
Colorado Legal Code
(1) A certificate or permit, or rights obtained under a certificate or permit, that are held, owned, or obtained by any common carrier or contract carrier may be sold, assigned, leased, encumbered, or transferred as other property, subject to prior authorization by the commission.(2) Absent other facts, the fact that a common carrier or contract carrier conducts operations with independent contractors does not in and of itself constitute a lease or transfer of the certificate.(3) An existing certificate or permit shall not be transferred unless the fitness of the transferee is established to the satisfaction of the commission.L. 2011: Entire article added, (HB 11-1198), ch. 127, p. 408, §1, effective August 10.

§ 40-10-1-205

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