C.R.S. § 38-13-206

38-13-206. When stored-value card presumed abandoned

Year: 2026Length: 104 wordsSubsections: 3Official source
38-13-206. When stored-value card presumed abandoned. (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.
C.R.S. § 38-13-206: 38-13-206. When stored-value card presumed abandoned | Justis AI