Colorado § 40-8.5-103 Definitions

Colorado Statutes

§ 40-8.5-103 — Definitions

Colorado § 40-8.5-103

Title 40Utilities

Art.Unclaimed Utility Deposits

This text of Colorado § 40-8.5-103 (Definitions) 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. § 40-8.5-103 (2026).

Text

As used in this article 8.5, unless the context otherwise requires:

(1)Commission means the legislative commission on low-income energy and water assistance established in section 40-8.5-103.5.

(2)Deposit means money deposited by a subscriber with a utility to secure payment for services or any other amount which is paid in advance for electric or gas utility services to be furnished.

(3)(a) Electric utility means every electrical corporation operating for the purpose of supplying electricity to the public for domestic, mechanical, or public uses and includes every public utility supplying electricity; except that this definition includes only those cooperative electric associations that notify the commission that they elect to come under this article 8.5.

(b)Electric utili

Free access — add to your briefcase to read the full text and ask questions with AI

As used in this article 8.5, unless the context
otherwise requires:

(1) Commission means the legislative commission on low-income energy
and water assistance established in section 40-8.5-103.5.

(2) Deposit means money deposited by a subscriber with a utility to secure
payment for services or any other amount which is paid in advance for electric or
gas utility services to be furnished.

(3) (a) Electric utility means every electrical corporation operating for the
purpose of supplying electricity to the public for domestic, mechanical, or public
uses and includes every public utility supplying electricity; except that this
definition includes only those cooperative electric associations that notify the
commission that they elect to come under this article 8.5.

(b) Electric utility does not include a municipally owned utility.

(4) Gas utility means every gas corporation operating for the purpose of
supplying gas to the public for domestic, mechanical, or public uses and includes
every public utility supplying gas; except that this definition excludes municipally
owned utilities.

(4.5) Organization has the meaning set forth in section 40-8.7-103 (4).

(5) (a) Unclaimed moneys means:

(I) Deposits, including any interest thereon, less any lawful deductions or
amounts owed to a utility, that the utility has been directed to return to the
subscriber by an administrative or judicial order or that is due the subscriber
through the utility's security or construction deposit policy and that remains
unclaimed by the subscriber for more than two years;

(II) Money which shall be deemed unclaimed and presumed abandoned when
left with the utility for more than two years after termination of the services for
which the deposit or advance was made or for more than two years after the
deposit becomes payable and the utility has made reasonable efforts to locate the
owner of the unclaimed moneys or distribution is attempted pursuant to a final
order of an administrative agency or judicial body having jurisdiction to establish
the terms and conditions of such deposit or advance.

(b) This term shall not include credits to existing subscribers through cost-adjustment mechanisms, and this term shall not include unclaimed patronage
capital held by cooperative electric associations.

Legislative History

Source: L. 90: Entire article added, p. 1758, � 1, effective May 31. L. 2021: IP and (1) amended and (4.5) added, (HB 21-1105), ch. 488, p. 3496, � 4, effective September 7. L. 2025: (3) and (4) amended, (SB 25-068), ch. 55, p. 233, � 2, effective August 6.