Transitional provision

Colo. Rev. Stat. § 11-111-116, under Financial Institutions.

Colo. Rev. Stat. § 11-111-116

(1) This article 111 applies to:

(a) A special deposit made under an account agreement executed on or after August 7, 2024; and

(b) A deposit made under an agreement executed before August 7, 2024, 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.

Source: L. 2024: Entire article added, (HB 24-1232), ch. 200, p. 1228, � 1, effective August 7.