Colorado § 38-13-206 When stored-value card presumed abandoned

Colorado Statutes

§ 38-13-206 — When stored-value card presumed abandoned

Colorado § 38-13-206

Title 38Property -

Art.Revised Uniform Unclaimed Property Act

This text of Colorado § 38-13-206 (When stored-value card presumed abandoned) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 38-13-206 (2026).

Text

(1)Subject to section 38-13-210, the net value of a stored-value card other than a gift card is presumed abandoned on the latest of three years after:

(a)December 31 of the year in which the card is issued or additional funds are deposited into it;

(b)The most recent indication of interest in the card by the apparent owner; or

(c)A verification or review of the balance by or on behalf of the apparent owner.

(2)The amount presumed abandoned in a stored-value card is the net card value at the time it is presumed abandoned.

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(1) Subject to
section 38-13-210, the net value of a stored-value card other than a gift card is
presumed abandoned on the latest of three years after:

(a) December 31 of the year in which the card is issued or additional funds
are deposited into it;

(b) The most recent indication of interest in the card by the apparent owner;
or

(c) A verification or review of the balance by or on behalf of the apparent
owner.

(2) The amount presumed abandoned in a stored-value card is the net card
value at the time it is presumed abandoned.