Colo. Rev. Stat. § 4-1-306
A claim or right arising out of an alleged breach may be discharged in whole or in part without consideration by agreement of the aggrieved party in a signed record.
Source: L. 2006: Entire article R&RE, p. 468, § 1, effective September 1. L. 2023: Entire section amended, (SB 23-090), ch. 136, p. 526, § 4, effective August 7.
Editor's note: This section is similar to former § 4-1-107 as it existed prior to 2006.