Any overbid, as defined in section 38-38-100.3, that is equal to or greater than twenty-five dollars and that remains unclaimed for two years after the date of sale is presumed abandoned.
Source: L. 2019: Entire article R&RE, (SB 19-088), ch. 110, p. 422, § 1, effective July 1, 2020. L. 2026: Entire section amended, (HB 26-1098), ch. 90, p. 365, § 10, effective July 1.