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Current as of January 01, 2022 | Updated by FindLaw Staff
(1) The notice under section 38-13-501 must contain a heading that reads substantially as follows: “Notice. The State of Colorado requires us to notify you that your property may be transferred to the custody of the state treasurer if you do not contact us before [insert date that is thirty days after the date of this notice].”.
(2) The notice under section 38-13-501 must:
(a) Identify the nature and, except for property that does not have a fixed value, the value of the property that is the subject of the notice;
(b) State that the property will be turned over to the administrator;
(c) State that after the property is turned over to the administrator an apparent owner that seeks return of the property must file a claim with the administrator;
(d) State that property that is not legal tender of the United States may be sold by the administrator; and
(e) Provide instructions that the apparent owner must follow to prevent the holder from reporting and paying or delivering the property to the administrator.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 38. Property Real and Personal § 38-13-502. Contents of notice by holder - last updated January 01, 2022 | https://codes.findlaw.com/co/title-38-property-real-and-personal/co-rev-st-sect-38-13-502/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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