Colorado § 38-13-206 - When stored-value card presumed abandoned.
Full text of Colorado Colorado Revised Statutes § 38-13-206 — When stored-value card presumed abandoned., with citation guidance and answers to common questions.
§ 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.
Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 418, § 1, effective July 1, 2020.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 38-13-206
What does Colorado Revised Statutes § 38-13-206 cover?
Section 38-13-206 ("When stored-value card presumed abandoned.") 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 § 38-13-206?
A common citation format is "Colorado Revised Statutes § 38-13-206" (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 § 38-13-206 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.