Colorado Code
Article 42 - Benefits
§ 8-42-122. Minor Dependents - Safeguarding Payments

In all cases of death where the dependents are minor children, it shall be sufficient for the surviving spouse or a friend to make application and claim on behalf of the minor children. The director, for the purpose of protecting the rights and interests of any dependents whom the director deems incapable of fully protecting their own interests, may deposit the payments in any type of account in state or national banks insured by the federal deposit insurance corporation or its successor, savings and loan associations that are insured by the federal deposit insurance corporation or its successor, or credit unions that are insured by the national credit union share insurance fund and may otherwise provide for the manner and method of safeguarding the payments due such dependents in such manner as the director sees fit.
Source: L. 90: Entire article R&RE, p. 497, § 1, effective July 1. L. 2004: Entire section amended, p. 148, § 50, effective July 1.
Editor's note: This section is similar to former § 8-50-116 as it existed prior to 1990.

Structure Colorado Code

Colorado Code

Title 8 - Labor and Industry

Article 42 - Benefits

§ 8-42-101. Employer Must Furnish Medical Aid - Approval of Plan - Fee Schedule - Contracting for Treatment - No Recovery From Employee - Medical Treatment Guidelines - Accreditation of Physicians and Other Medical Providers - Rules - Definition - Re...

§ 8-42-102. Basis of Compensation - "Wages" Defined - Average Weekly Wage - "At the Time of Injury" Clarified

§ 8-42-103. Disability Indemnity Payable as Wages - Period of Disability

§ 8-42-104. Effect of Previous Injury or Compensation

§ 8-42-105. Temporary Total Disability

§ 8-42-106. Temporary Partial Disability

§ 8-42-107. Permanent Partial Disability Benefits - Schedule - Medical Impairment Benefits - How Determined

§ 8-42-107.2. Selection of Independent Medical Examiner - Procedure - Time - Disclosures Regarding Physician Relationships With Insurers, Self-Insured Employers, or Claimants - Rules - Applicability

§ 8-42-107.5. Limits on Temporary Disability Payments and Permanent Partial Disability Payments

§ 8-42-107.6. Premium Dividend for Employing Injured Employees

§ 8-42-108. Disfigurement - Additional Compensation

§ 8-42-109. Added Compensation for Additional Injuries

§ 8-42-111. Award for Permanent Total Disability

§ 8-42-112. Acts of Employees Reducing Compensation

§ 8-42-112.5. Limitation on Payments - Use of Controlled Substances

§ 8-42-113. Limitations on Payments to Prisoners - Incentives to Sheriffs and Department of Corrections

§ 8-42-113.5. Recovery of Overpayments - Notice Required

§ 8-42-114. Death Benefits

§ 8-42-115. Death From Injury - Benefits

§ 8-42-116. When Death Not Proximate Result - Benefits

§ 8-42-117. Benefits to Partial Dependents

§ 8-42-118. Applicability of Repeal of Death Benefits to Nonresident Dependents

§ 8-42-119. Partial Dependents - Compensation

§ 8-42-120. Termination of Right to Benefits

§ 8-42-121. Director to Determine and Apportion Benefits

§ 8-42-122. Minor Dependents - Safeguarding Payments

§ 8-42-123. Burial Expenses

§ 8-42-124. Assignability and Exemption of Claims - Payment to Employers - When

§ 8-42-125. Data Gathering on Workers' Compensation System

§ 8-42-126. Monetary Benefits and Penalties - Timely Payment - Determination of Date Deemed Paid