Colorado § 38-13-609 - Periods of limitation and repose.
Full text of Colorado Colorado Revised Statutes § 38-13-609 — Periods of limitation and repose., with citation guidance and answers to common questions.
§ 38-13-609. Periods of limitation and repose.
(1) Expiration, before, on, or after July 1, 2020, of a period of limitation on an owner's right to receive or recover property, whether specified by contract, statute, or court order does not prevent the property from being presumed abandoned or affect the duty of a holder to file a report or pay or deliver property to the administrator under this article 13.
(2) The administrator shall not commence an action or proceeding to enforce this article 13 with respect to the reporting, payment, or delivery of property more than five years after the holder filed a nonfraudulent report with the administrator under section 38-13-401. The parties may agree in a record to extend the limitation in this subsection (2).
(3) The administrator shall not commence an action, proceeding, or examination with respect to a duty of a holder under this article 13 more than six years after the duty arose.
Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 435, § 1, effective July 1, 2020. L. 2025: (3) amended, (HB 25-1224), ch. 440, p. 2536, § 10, effective June 4.
PART 7
SALE OF PROPERTY BY ADMINISTRATOR
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 38-13-609
What does Colorado Revised Statutes § 38-13-609 cover?
Section 38-13-609 ("Periods of limitation and repose.") 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 § 38-13-609?
A common citation format is "Colorado Revised Statutes § 38-13-609" (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 § 38-13-609 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.