Colorado § 8-42-127 - Direct deposit.
Full text of Colorado Colorado Revised Statutes § 8-42-127 — Direct deposit., with citation guidance and answers to common questions.
§ 8-42-127. Direct deposit.
If a claimant has voluntarily authorized direct deposit, the insurer or self-insured employer shall deposit all temporary disability benefits and permanent disability benefits due and payable to the claimant under this title 8 in an account designated by the claimant in any bank, savings and loan association, credit union, or other financial institution authorized by the United States or one of the several states to receive deposits in the United States. The claimant or the claimant's attorney can withdraw any direct deposit authorization at any time.
Source: L. 2024: Entire section added, (HB 24-1220), ch. 389, p. 2693, § 4, effective August 7.
ARTICLE 43
Procedure
PART 1
NOTICES AND REPORTS
8-43-101. Record of injuries - occupational disease - reported to division - rules - definition.
8-43-102. Notice to employer of injury - notice to employees - failure to report.
8-43-103. Notice of injury - time limit.
8-43-104. Electronic filings - rules.
PART 2
SETTLEMENT AND HEARING PROCEDURES
8-43-201. Disputes arising under "Workers' Compensation Act of Colorado".
8-43-202. Director may refer taking of evidence in cases to appropriate officials of other states.
8-43-203. Notice concerning liability - notice to claimants - notice of rights and claims process - rules.
8-43-204. Settlements - rules.
8-43-205. Mediation.
8-43-206. Settlement conference procedures.
8-43-206.5. Right to binding arbitration for resolution of disputes under articles 40 to 47.
8-43-207. Hearings.
8-43-207.5. Prehearing conferences - rules - definition.
8-43-208. Investigations.
8-43-209. Time schedule for hearings - establishment.
8-43-210. Evidence.
8-43-211. Notice - request for hearing.
8-43-212. Compulsion of testimony.
8-43-213. Transcripts.
8-43-214. Transcript certified - evidence.
8-43-215. Orders.
8-43-216. Frivolous claims for compensation - repeal. (Repealed)
8-43-217. Claims management - legislative declaration.
8-43-218. Authority of director.
8-43-219. Not a limitation on rights or privileges.
8-43-220. Injured worker exit survey.
PART 3
REVIEW PROCEDURES
8-43-301. Petitions to review.
8-43-302. Corrected orders.
8-43-303. Reopening.
8-43-304. Violations - penalty - offset for benefits obtained through fraud - rules.
8-43-304.5. Penalties in rate-making.
8-43-305. Each day separate offense.
8-43-306. Collection of fines, penalties, and overpayments.
8-43-307. Appeals to court of appeals.
8-43-308. Causes for setting aside award.
8-43-309. Actions in court tried within thirty days.
8-43-310. Error disregarded unless prejudicial.
8-43-311. Court record transmitted to industrial claim appeals office - when.
8-43-312. Court may remand case or order entry of award.
8-43-313. Summary review by supreme court.
8-43-314. Fees - costs - duty of district attorneys and attorney general.
8-43-315. Witnesses and testimony - mileage - fees - costs.
8-43-316. Appearance by officer for closely held entity.
8-43-317. Service of documents.
8-43-318. Remand of case or order - time limit for further proceedings consistent with ruling on appeal.
PART 4
ENFORCEMENT AND PENALTIES
8-43-401. District attorney or attorney of division to act for director or office - penalties for failure of insurer to pay benefits.
8-43-401.5. Financial incentives to deny or delay claim or medical care - prohibition - penalties.
8-43-402. False statement - felony.
8-43-403. Attorney fees.
8-43-404. Examination - refusal - personal responsibility - physicians to testify and furnish results - injured worker right to select treating physician - injured worker right to third-party communications - rules.
8-43-405. Payment as discharge of liability - conflicting claims.
8-43-406. Compensation in lump sum.
8-43-407. Election to waive vocational rehabilitation benefits and become subject to permanent partial disability provisions.
8-43-408. Default of employer - additional liability.
8-43-409. Defaulting employers - investigation - penalties - enjoined from continuing business - fines - procedure - definition - repeal.
8-43-410. Right to compensation operates as lien - interest on award.
PART 5
UTILIZATION REVIEW PROCESS - INDEPENDENT MEDICAL EXAMINATIONS
8-43-501. Utilization review process - legislative declaration - cash fund - rules.
8-43-502. Independent medical examinations.
8-43-503. Utilization review of health-care providers.
PART 6
PROVIDER REVIEW AND DISCLOSURE
8-43-601. Short title.
8-43-602. Legislative declaration.
8-43-603. Definitions.
8-43-604. Performance programs.
8-43-605. Due process.
8-43-606. Enforcement.
8-43-607. Filing with director.
PART 1
NOTICES AND REPORTS
Frequently Asked Questions About Colorado § 8-42-127
What does Colorado Revised Statutes § 8-42-127 cover?
Section 8-42-127 ("Direct deposit.") 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 § 8-42-127?
A common citation format is "Colorado Revised Statutes § 8-42-127" (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 § 8-42-127 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.