Colo. Rev. Stat. § 34-32-119
Where one operator succeeds another at any uncompleted operation, the board shall release the first operator from all liability as to that particular reclamation operation and shall release all applicable performance and financial warranties as to such operation if the successor operator assumes, as part of his obligation under this article, all liability for the reclamation of the affected land, and his obligation is covered by appropriate performance and financial warranties as to such affected land. Where one operator succeeds another, a fee as specified in section 34-32-127(2) shall be paid to the board before the first operator is released from liability and before any financial warranties are released.
C.R.S. § 34-32-119
This section is similar to former § 34-32-114 as it existed prior to 1976.