Colo. Rev. Stat. § 26-13-118.5

Current through Chapter 123 of the 2024 Legislative Session
Section 26-13-118.5 - Unclaimed property offset - definitions
(1) The state department may enter into a memorandum of understanding with the state treasurer, acting as the administrator of unclaimed property under the "Revised Uniform Unclaimed Property Act", article 13 of title 38, for the purpose of offsetting against a claim for unclaimed property the amount of current child support, child support debt, retroactive child support, child support arrearages, child support costs, or child support when combined with maintenance owed by the person claiming the unclaimed property.
(2) The state department shall notify an obligated person in writing that the state intends to offset the person's current child support, child support debt, retroactive child support, child support arrearages, child support costs, or child support when combined with maintenance against the person's claim for unclaimed property. The notification shall include information on the person's right to object to the offset and to request an administrative review.
(3) For purposes of this section, "claim for unclaimed property" means a cash claim submitted in accordance with section 38-13-903.

C.R.S. § 26-13-118.5

Amended by 2019 Ch. 110,§ 13, eff. 7/1/2020.
L. 2005: Entire section added, p. 698, § 3, effective August 8.