Payment to designated agent

Colo. Rev. Stat. § 15-15-224, under MULTIPLE-PERSON ACCOUNTS.

Colo. Rev. Stat. § 15-15-224

A financial institution, on request of an agent under an agency designation for an account, may pay to the agent sums on deposit in the account, whether or not a party is disabled, incapacitated, or deceased when the request is made or received, and whether or not the authority of the agent terminates on the disability or incapacity of a party.

Source: L. 90: Entire article R&RE, p. 916, § 1, effective July 1.