If the rental on a safe deposit box has not been paid for one year after it is due, the lessor may petition a court of competent jurisdiction to make disposition of the contents of such safe deposit box, and the lessor shall have the right to claim and accept any proceeds from such disposition to satisfy accumulated charges, court costs, and attorneys' fees in connection with the rental and disposition of said safe deposit box.
Source: L. 59: p. 667, § 7. CRS 53: § 122-8-9. C.R.S. 1963: § 122-7-9.
Structure Colorado Code
Title 11 - Financial Institutions
Article 46 - Safe Deposit Facilities
§ 11-46-102. Safe Deposit Boxes
§ 11-46-103. Lease to Natural Persons
§ 11-46-104. Leases to Joint Tenants
§ 11-46-105. Access by Fiduciaries
§ 11-46-106. Effect of Lessee's Death or Incompetence
§ 11-46-107. Search Procedure on Death