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Colorado Rev. Stat.
2022 Colorado Code
Title 38 - Property - Real and Personal
Article 13 - Revised Uniform Unclaimed Property Act
Part 2 - Presumption of Abandonment
§ 38-13-215. Funds Held in Lawyer Coltaf Trust Accounts - Exemption - Definition
Universal Citation:
CO Rev Stat § 38-13-215 (2022)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
- This article 13 does not apply to money held in a lawyer COLTAF trust account.
- As used in this section, "lawyer COLTAF trust account" means a Colorado lawyer trust account foundation trust account in which a lawyer, in accordance with the lawyer's professional obligations, holds funds of clients or third persons that are nominal in amount or that are expected to be held for a short period.
Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 422, § 1, effective July 1, 2020.
Editor's note: This section is similar to former § 38-13-108.3 as it existed prior to 2020.
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