Colo. Rev. Stat. § 11-111-116

Current through 11/5/2024 election

Section 11-111-116 - Transitional provision

(1) This article 111 applies to:

(a) A special deposit made under an account agreement executed on or after the effective date of this article 111; and

(b) A deposit made under an agreement executed before the effective date of this article 111, if:

(I) All parties entitled to amend the agreement agree to make the deposit a special deposit governed by this article 111; and

(II) The special deposit referenced in the amended agreement satisfies section 11-111-105.

C.R.S. § 11-111-116

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).