Colo. Rev. Stat. § 40-10.1-304
(1) If a carrier that holds a permit under this part 3 fails to pay a fine or civil penalty imposed under this article 10.1 or a rule issued under this article 10.1 within the time prescribed for payment, and not before the decision imposing the fine or civil penalty becomes a final decision by the commission, the carrier's permit is revoked immediately. Any of the following are disqualified from applying for a permit for thirty-six months after the date the fine or civil penalty is due:
Source: L. 2013: Entire section added, (SB 13-189), ch. 365, p. 2127, § 4, effective June 5. L. 2017: IP(1) amended, (SB 17-180), ch. 281, p. 1532, § 4, effective August 9.