Any overbid, as defined in section 38-38-100.3, that is equal to or greater than twenty-five dollars and that remains unclaimed for six months after the date of sale is presumed abandoned.
Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 422, § 1, effective July 1, 2020.
Editor's note: This section is similar to former § 38-13-108.2 (2) as it existed prior to 2020.
Structure Colorado Code
Title 38 - Property - Real and Personal
Article 13 - Revised Uniform Unclaimed Property Act
Part 2 - Presumption of Abandonment
§ 38-13-201. When Property Presumed Abandoned
§ 38-13-202. When Tax-Deferred Retirement Account Presumed Abandoned
§ 38-13-203. When Other Tax-Deferred Account Presumed Abandoned
§ 38-13-204. When Custodial Account for Minor Presumed Abandoned
§ 38-13-205. When Contents of Safe-Deposit Box Presumed Abandoned
§ 38-13-206. When Stored-Value Card Presumed Abandoned
§ 38-13-207. When Gift Card Presumed Abandoned
§ 38-13-207.5. Bank Deposits and Funds in Financial Organizations - Definition
§ 38-13-208. When Security Presumed Abandoned
§ 38-13-209. When Related Property Interest Presumed Abandoned
§ 38-13-210. Indication of Apparent Owner Interest in Property
§ 38-13-211. Knowledge of Death of Insured or Annuitant - Definition
§ 38-13-212. Deposit Account for Insurance Policy or Annuity Contract
§ 38-13-213. Refunds Held by Business Associations
§ 38-13-214. Foreclosure Sale - Overbid
§ 38-13-215. Funds Held in Lawyer Coltaf Trust Accounts - Exemption - Definition
§ 38-13-216. Money Held by the Public Employees' Retirement Association - Definitions
§ 38-13-217. Gaming Chips or Tokens - Gaming Award Points - Inapplicability
§ 38-13-218. Property Held by Racetracks - Inapplicability