The finding of the board of arbitration, when reduced to writing and signed by a majority of the members of the board, constitutes an obligation on the part of the person against whom the finding is made to pay to the aggrieved party the sum set forth in the finding of the board of arbitration. In the event the person against whom the finding of the board of arbitration is made fails, neglects, or refuses to pay to the aggrieved party the sum set forth in the finding of the board of arbitration within thirty days after the date of the written findings of the board, then the finding of the board of arbitration may be filed in a court of record within the jurisdiction where the damage was sustained. The finding of the board so filed shall be deemed for the purposes of sections 35-46-101 to 35-46-110 a judgment of the court and execution may issue on the judgment as by law provided in judgments of the court. The costs agreed upon to be incurred in the arbitration shall follow the findings as in suits at court. If the owner of any livestock makes a tender in money of all damages to the person claiming damages, the person claiming damages shall pay all costs and expenses thereafter accruing unless the person is awarded a larger amount than was tendered by the owner of such livestock.

Source: L. 17: p. 346, § 7. C.L. § 3159. CSA: C. 160, § 62. L. 53: p. 590, § 7. CRS 53: § 8-13-4. C.R.S. 1963: § 8-13-4. L. 64: p. 205, § 7. L. 2025: Entire section amended, (HB 25-1084), ch. 24, p. 132, § 130, effective August 6.