Colorado § 26-13-118.5 - Unclaimed property offset - definitions.
Full text of Colorado Colorado Revised Statutes § 26-13-118.5 — Unclaimed property offset - definitions., with citation guidance and answers to common questions.
§ 26-13-118.5. Unclaimed property offset - definitions.
(1) The state 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 amount of current child support, child support debt, retroactive child support, child support arrearages, child support costs, or child support when combined with maintenance owed by the person claiming the unclaimed property.
(2) The state department shall notify an obligated person in writing that the state intends to offset the person's current child support, child support debt, retroactive child support, child support arrearages, child support costs, or child support when combined with maintenance against the person's claim for unclaimed property. The notification shall include information on the person's right to object to the offset and to request an administrative review.
(3) For purposes of this section, "claim for unclaimed property" means a cash claim submitted in accordance with section 38-13-903.
Source: L. 2005: Entire section added, p. 698, § 3, effective August 8. L. 2019: (1) and (3) amended, (SB 19-088), ch. 110, p. 468, § 13, effective July 1, 2020.
Frequently Asked Questions About Colorado § 26-13-118.5
What does Colorado Revised Statutes § 26-13-118.5 cover?
Section 26-13-118.5 ("Unclaimed property offset - definitions.") 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 § 26-13-118.5?
A common citation format is "Colorado Revised Statutes § 26-13-118.5" (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 § 26-13-118.5 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.