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House updates Colorado unclaimed‑property law to include cryptocurrency, tighten verification
Summary
House Bill 12-24 passed after committee amendments that add cryptocurrency to the state’s unclaimed property rules, cap finder’s fees, and require municipal participation in the state unclaimed property program, sponsors said.
The Colorado House passed House Bill 12-24 on March 19 to modernize the state’s Uniform Unclaimed Property Act, expand the scope of recoverable assets and strengthen safeguards against fraud.
What changed: Sponsors and committee members described additions including explicit coverage for cryptocurrency, new limitations on third‑party “finder” fees, and clarified proof requirements so the State Treasurer can validate claimants before…
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