{"data":{"id":"us-co/c.r.s.-11-111-113","jurisdiction":"us-co","citation":"C.R.S. § 11-111-113","heading":"Term and termination.","body":"(1) Unless otherwise provided in the account agreement, a special deposit terminates five years after the date the special deposit was first funded.\n\n(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.\n\n(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.","path":["Title 11 - FINANCIAL INSTITUTIONS","Article 111 - Uniform Special Deposits Act"],"source_url":"https://olls.info/crs/crs2026-title-11.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"75a87a427c17563de659d94cee56e3d0bf14edd4a96f022fddcea4fc617de21b","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-11-111-112","next":"us-co/c.r.s.-11-111-114"},"notice":"GroundRules: Original legal text. Not legal advice."}