C.R.S. § 38-13-101 et seq. (CO-RUUPA) · Colorado Dept. of the Treasury — Great Colorado Payback
Colorado RUUPA November 1 Compliance, Electronic Notice & 3-Year Dormancy
Colorado adopted RUUPA with modern electronic due-diligence rules, a 3-year AP/AR dormancy schedule, and no B2B carve-out.
Deadline: November 1
Cutoff: June 30
No Statutory B2B Exemption
Zero Report: Not Required
Colorado Statutory Dormancy & Compliance Schedule
| NAUPA Property Stream | Statutory Dormancy | Compliance Rule |
|---|---|---|
| Uncashed AP Vendor Checks (CK13) | 3 yrs | Colorado RUUPA provides no general B2B exemption; commercial vendor checks and AR credits are reportable after 3 years. |
| Payroll, Wages & Commissions (MS01) | 1 yr | Never B2B exempt; applies to employee final & bonus checks. |
| AR Credit Balances & Overpayments (MS09) | 3 yrs | Write-offs to income do not extinguish reporting obligation. |
| Customer Refunds (MS05) | 3 yrs | Due diligence window: 60–180 days prior to November 1. |
| Gift Cards & Stored Value (GC / MS12) | 5 yrs (exempt <= $50 or no fees) | Unaddressed cards route to corporate domicile under 2nd Priority. |
| Securities & Dividends (SC01 / SC08) | 3 yrs | First-class mail + email for items >= $50 |
| Virtual Currency / Digital Assets (VC) | 3 yrs | Verify liquidation vs. native custodial transfer mandate. |
Key Colorado Compliance Traps & Enforcement Risks
Mandatory Email Due Diligence Where Consented
Under CO-RUUPA, holders with electronic communication consent must send email notice alongside first-class mail for items >= $50.
Colorado Treasury Voluntary Disclosure Agreement
Proactive multi-year VDA waives civil penalties and statutory interest prior to Treasury audit.
Statutory Interest & Penalties: Statutory interest + $200/day penalty. Negative Report Policy: Not mandated for holders with zero reportable items.
Statutory Questions & Answers
Does Colorado exempt B2B vendor checks?
No. Colorado provides no statutory B2B exemption.