Colo. Rev. Stat. § 24-22-109
If the state treasurer willfully refuses to pay any warrant or any check lawfully drawn upon him or her, the state treasurer shall forfeit and pay to the holder thereof four times the amount thereof, which forfeiture may be recovered by action of debt against the state treasurer and the sureties on his or her official bond, or otherwise according to law, and the state treasurer commits a class 2 misdemeanor.
Source: L. 71: R&RE, p. 1238, § 1. C.R.S. 1963: § 132-3-9. L. 2014: Entire section amended, (HB 14-1391), ch. 328, p. 1449, § 4, effective June 5. L. 2021: Entire section amended, (SB 21-271), ch. 462, p. 3225, § 410, effective March 1, 2022.