Colorado § 38-13-205 When contents of safe-deposit box presumed abandoned

Colorado Statutes

§ 38-13-205 — When contents of safe-deposit box presumed abandoned

Colorado·Title 38 Property -·Art. Revised Uniform Unclaimed Property Act

(1)Tangible property held in a safe-deposit box and proceeds from a sale of the property by the holder permitted by law of this state other than this article 13 are presumed abandoned if the property remains unclaimed by the apparent owner five years after the earlier of the:

(a)Expiration of the lease or rental period for the box; or

(b)Earliest date when the lessor of the box is authorized by law of this state other than this article 13 to enter the box and remove or dispose of the contents without consent or authorization of the lessee.

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(1)
Tangible property held in a safe-deposit box and proceeds from a sale of the
property by the holder permitted by law of this state other than this article 13 are
presumed abandoned if the property remains unclaimed by the apparent owner five
years after the earlier of the:

(a) Expiration of the lease or rental period for the box; or

(b) Earliest date when the lessor of the box is authorized by law of this state
other than this article 13 to enter the box and remove or dispose of the contents
without consent or authorization of the lessee.

Colorado § 38-13-205 (When contents of safe-deposit box presumed abandoned) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.