{"data":{"id":"us-co/c.r.s.-38-13-601","jurisdiction":"us-co","citation":"C.R.S. § 38-13-601","heading":"Definition of good faith.","body":"(1) In this part 6, payment or delivery of property is made in good faith if a holder:\n\n(a) Had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the administrator under this article 13; or\n\n(b) Made payment or delivery:\n\n(I) In response to a demand by the administrator or administrator's agent; or\n\n(II) Under a guidance or ruling issued by the administrator that the holder reasonably believed required or permitted the property to be paid or delivered.","path":["Title 38 - PROPERTY - REAL AND PERSONAL","Article 13 - Revised Uniform Unclaimed Property Act","Part 6 - TAKING CUSTODY OF PROPERTY BY ADMINISTRATOR"],"source_url":"https://olls.info/crs/crs2026-title-38.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"da49f01f10e77f3a387cbcf409c7856864774164c848384fccddbb330953b09b","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-38-13-504","next":"us-co/c.r.s.-38-13-602"},"notice":"GroundRules: Original legal text. Not legal advice."}
