Property received by the administrator under this article 13 is held in custody for the benefit of the owner and is not owned by the state.
Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 440, � 1, effective July 1, 2020.
Administrator holds property as custodian for owner
Colo. Rev. Stat. § 38-13-803, under Property - Real and Personal.
Colo. Rev. Stat. § 38-13-803