Colorado § 38-13-904 - When administrator must honor claim for property.
Full text of Colorado Colorado Revised Statutes § 38-13-904 — When administrator must honor claim for property., with citation guidance and answers to common questions.
§ 38-13-904. When administrator must honor claim for property.
(1) The administrator shall pay or deliver property to a claimant under section 38-13-903 if the administrator receives evidence sufficient to establish to the satisfaction of the administrator that the claimant is the owner of the property. The general assembly recognizes and reaffirms that the administrator may require a claimant to provide any documents that are necessary to establish ownership before making payment, including but not limited to nonpublic or nonredacted documents.
(2) Not later than ninety days after a claim is filed under section 38-13-903, the administrator shall allow or deny the claim and give the claimant notice of the decision in a record. If the claim is denied:
(a) The administrator shall inform the claimant of the reason for the denial and specify what additional evidence, if any, is required for the claim to be allowed;
(b) The claimant may file an amended claim with the administrator or commence an action under section 38-13-906; and
(c) The administrator shall consider an amended claim filed under subsection (2)(b) of this section as an initial claim.
(3) If the administrator does not take action on a claim during the ninety-day period following the filing of a claim under section 38-13-903 (1), the claim is deemed denied.
Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 443, § 1, effective July 1, 2020. L. 2025: (1) amended, (HB 25-1224), ch. 440, p. 2537, § 13, effective June 4.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 38-13-904
What does Colorado Revised Statutes § 38-13-904 cover?
Section 38-13-904 ("When administrator must honor claim for property.") 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 § 38-13-904?
A common citation format is "Colorado Revised Statutes § 38-13-904" (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 § 38-13-904 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.