Colorado Code § 10-4-302

Release of surety - other security
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Any surety upon the bond of any state,
county, municipal, judicial district, irrigation district, or court officer shall be released from
further liability as such surety for such officer by filing, with the person having authority to
approve said bond or with whom said bond is directed to be filed, a notice that said surety is
unwilling to continue to be surety for such officer. When any such notice is filed, written notice
thereof shall immediately be given to such officer, who shall thereupon file other security to be
approved as provided by law. If such officer, within ten days after the service of such notice
upon him, does not file such bond to be approved, the office shall become vacant, and the
vacancy shall be filled in the manner provided by law. If a new bond is given by any officer, as
provided, the former surety shall be entirely released and discharged from all liability incurred
by such officer from and after the time of giving of such notice, and the sureties to the new bond
shall be liable therefor as provided in such bond.

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