Colorado § 38-13-501 - Notice to apparent owner by holder.
Full text of Colorado Colorado Revised Statutes § 38-13-501 — Notice to apparent owner by holder., with citation guidance and answers to common questions.
§ 38-13-501. Notice to apparent owner by holder.
(1) Subject to subsection (2) of this section, the holder of property presumed abandoned shall send to the apparent owner notice that complies with section 38-13-502 in a format acceptable to the administrator, by first-class United States mail, not more than one hundred eighty days nor less than sixty days before filing the report under section 38-13-401 if:
(a) The holder has in its records an address for the apparent owner that the holder's records do not disclose to be invalid and that is sufficient to direct the delivery of first-class United States mail to the apparent owner; and
(b) The value of the property is twenty-five dollars or more.
(2) If an apparent owner has consented to receive electronic-mail delivery from the holder, the holder may send the notice described in subsection (1) of this section by electronic mail and not by first-class United States mail; except that, if the holder has evidence that the electronic mail could not be delivered, then the holder shall send the notice in accordance with subsection (1) of this section.
(3) The notice requirements set forth in subsections (1) and (2) of this section require notice to the apparent owner of a legacy preneed contract notwithstanding the death or presumed death of the contract buyer, as defined in section 10-15-102 (5).
Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 429, § 1, effective July 1, 2020. L. 2025: (3) added, (HB 25-1224), ch. 440, p. 2535, § 7, effective June 4.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 38-13-501
What does Colorado Revised Statutes § 38-13-501 cover?
Section 38-13-501 ("Notice to apparent owner by holder.") 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 § 38-13-501?
A common citation format is "Colorado Revised Statutes § 38-13-501" (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 § 38-13-501 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.