Colorado § 16-18.5-106.7 - Unclaimed property offset - definition.
Full text of Colorado Colorado Revised Statutes § 16-18.5-106.7 — Unclaimed property offset - definition., with citation guidance and answers to common questions.
§ 16-18.5-106.7. Unclaimed property offset - definition.
(1) The judicial department may enter into a memorandum of understanding with the state treasurer, acting as the administrator of unclaimed property under the "Revised Uniform Unclaimed Property Act", article 13 of title 38, for the purpose of offsetting against a claim for unclaimed property the unpaid amount of restitution the person making the claim has been ordered to pay pursuant to section 18-1.3-603 or 19-2.5-1104. When an offset is to be made, the judicial department or the court in which the person's restitution obligation is pending shall notify the person in writing that the state intends to offset the amount of the person's unpaid restitution obligation against the person's claim for unclaimed property.
(2) The state court administrator may adopt rules establishing the process by which an unclaimed property claimant may object to an offset and request an administrative review. The sole issues to be determined at the administrative review shall be whether the person is required to pay restitution pursuant to an order entered by a court of this state and the amount of the outstanding restitution.
(3) For purposes of this section, "claim for unclaimed property" means a cash claim filed in accordance with section 38-13-903.
Source: L. 2005: Entire section added, p. 698, § 2, effective August 8. L. 2019: (1) and (3) amended, (SB 19-088), ch. 110, p. 466, § 6, effective July 1, 2020. L. 2021: (1) amended, (SB 21-059), ch. 136, p. 714, § 29, effective October 1.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 16-18.5-106.7
What does Colorado Revised Statutes § 16-18.5-106.7 cover?
Section 16-18.5-106.7 ("Unclaimed property offset - definition.") 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 § 16-18.5-106.7?
A common citation format is "Colorado Revised Statutes § 16-18.5-106.7" (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 § 16-18.5-106.7 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.