Property interest of depositor or beneficiary

Colo. Rev. Stat. § 11-111-108, under Financial Institutions.

Colo. Rev. Stat. § 11-111-108

(1) Neither a depositor nor a beneficiary has a property interest in a special deposit.

(2) Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. Any property interest under this subsection (2) is determined under other law.

Source: L. 2024: Entire article added, (HB 24-1232), ch. 200, p. 1226, � 1, effective August 7.