Section 11-111-113 - Term and termination(1) Unless otherwise provided in the account agreement, a special deposit terminates five years after the date the special deposit was first funded.(2) Unless otherwise provided in the account agreement, if the bank cannot identify or locate a beneficiary entitled to payment when the special deposit is terminated, and a balance remains in the special deposit, the bank shall pay the balance to the depositor or depositors as a beneficiary or beneficiaries.(3) A bank that pays the remaining balance as provided under subsection (2) of this section has no further obligation with respect to the special deposit.Added by 2024 Ch. 200,§ 1, eff. 8/7/2024.2024 Ch. 200, was passed without a safety clause. See Colo. Const. art. V, § 1(3).