Code of Colorado Regulations 1508 - Department of Treasury
8 CCR 1508-1 pertains to Colorado's regulations on unclaimed property, administered by the State Treasurer's Office. The current version of this rule became effective on November 30, 2021, following its adoption on October 11, 2021. (casetext.com, compliancelibraries.com)
📘 Overview of 8 CCR 1508-1 – Unclaimed Property
This regulation establishes procedures for the reporting, custody, and recovery of unclaimed property in Colorado. Key provisions include:(casetext.com)
Reporting Requirements: Holders must report unclaimed property in electronic format using the NAUPA Standard Electronic File Format, submitted via the Colorado Treasury Unclaimed Property website. (casetext.com)
Reporting Deadlines: Annual reports are due before November 1 each year, with an extension option of 30 days available upon request. (casetext.com)
Third-Party Audits: The State Treasurer may contract with auditors to examine holders' compliance with unclaimed property laws. (casetext.com)
Electronic Signatures: Electronic signatures used in unclaimed property transactions must comply with the Uniform Electronic Transactions Act. (casetext.com)
Compensation Agreements: Agreements to pay compensation for recovering unclaimed property are unenforceable within 24 months after payment or delivery to the Administrator, and compensation shall not exceed 10% unless otherwise provided by law. (law.cornell.edu)
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