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How does the Great Colorado Payback work?

The Great Colorado Payback is responsible for reuniting Coloradans with their lost or forgotten assets. Even businesses lose track of property and payments, occasionally resulting in unclaimed property which can be claimed.

What happens to unclaimed property in Colorado?

To protect unclaimed property and return it to its rightful owner(s) or their heirs. Once received by his office, the Treasurer guarantees that the claimants who properly prove rightful ownership will receive their property back, even if the original financial institution or business closes.

What is the dormancy period for unclaimed property in Colorado?

Under the new law, the dormancy period for most property types will drop to 3 years (down from 5). Certain bank accounts and gift cards will still be subject to a 5 year dormancy period, and other items like payroll and dissolution proceeds will continue to have a 1 year dormancy period.

Is the Missing Money website legit?

It is the only unclaimed property site endorsed by the National Association of Unclaimed Property Administrators (NAUPA) . MissingMoney.com started in 1999 as a way to help state governments gather and track lost property such as uncashed paychecks, stocks and bonds, and safe deposit box contents.

What is the dormancy period for unclaimed property in Colorado?

Under the new law, the dormancy period for most property types will drop to 3 years (down from 5). Certain bank accounts and gift cards will still be subject to a 5 year dormancy period, and other items like payroll and dissolution proceeds will continue to have a 1 year dormancy period.

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How do I find out if the state of Colorado owes me money?

To check if you or your business have unclaimed property in Colorado, visit colorado.findyourunclaimedproperty.com. #GreatColoradoPayback chieftain.com/story/news/202\u2026 A kid's brain is like a sponge soaking up information, which makes childhood an ample time frame to learn about money.

How long is unclaimed money Colorado?

SAFE DEPOSIT BOXES and SAFEKEEPING ITEMS Safe deposit boxes become unclaimed property five (5) years after the rent has expired.

What is dormancy date?

A dormancy period is the statutory period of time without owner initiated contact or activity, that must elapse before a state can consider a property dormant or abandoned.

How do I find out if the state of Colorado owes me money?

To check if you or your business have unclaimed property in Colorado, visit colorado.findyourunclaimedproperty.com. #GreatColoradoPayback chieftain.com/story/news/202\u2026 A kid's brain is like a sponge soaking up information, which makes childhood an ample time frame to learn about money.

How do I find out if the state of Colorado owes me money?

To check if you or your business have unclaimed property in Colorado, visit colorado.findyourunclaimedproperty.com. #GreatColoradoPayback chieftain.com/story/news/202\u2026 A kid's brain is like a sponge soaking up information, which makes childhood an ample time frame to learn about money.

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