Colorado § 15-15-224 - Payment to designated agent.
Full text of Colorado Colorado Revised Statutes § 15-15-224 — Payment to designated agent., with citation guidance and answers to common questions.
§ 15-15-224. Payment to designated agent.
A financial institution, on request of an agent under an agency designation for an account, may pay to the agent sums on deposit in the account, whether or not a party is disabled, incapacitated, or deceased when the request is made or received, and whether or not the authority of the agent terminates on the disability or incapacity of a party.
Source: L. 90: Entire article R&RE, p. 916, § 1, effective July 1.
Editor's note: This section is similar to former § 15-15-111 as it existed prior to 1990.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 15-15-224
What does Colorado Revised Statutes § 15-15-224 cover?
Section 15-15-224 ("Payment to designated agent.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 15-15-224?
A common citation format is "Colorado Revised Statutes § 15-15-224" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 15-15-224 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.