Colorado Code § 10-4-103

Voluntary partial payment of liability claims without admission of
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liability. No voluntary partial payment of a claim against any person based on alleged liability of
that person for injury or property damage arising out of any occurrence shall be construed as an
admission of fault or liability, or as a waiver or release of claim, by the person receiving such
payment. Such payment, moreover, shall not be admissible in any action, as evidence, for the
purpose of determining the amount of any judgment with respect to the same parties as to such
occurrence. Upon settlement of the claim, the parties may make any agreement they so desire in
respect to all such voluntary partial payments. After entry of judgment, any such payment shall
be treated as a credit against the judgment and is deductible from the amount of the judgment. If,
after partial voluntary payments are made as provided for in this section, it is determined by final
judgment of a court of competent jurisdiction that the payer is liable for an amount less than the
voluntary payments already made, the payer shall have no right of action for the recovery of
amounts by which the voluntary payments exceed the final judgment. No voluntary partial
payments shall be construed to reduce the amount of damages which may be pleaded and proved
in a court proceeding between the parties.

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