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Section 15-15-204 - Forms — Colorado Law | CourtGPT
  1. Home/
  2. Laws/
  3. Colorado/
  4. Title 15 - Probate, Trusts, and Fiduciaries Fiduciary (§§ 15-1-101 — 15-1.5-122)/
  5. Colorado Probate Code/
  6. Article 15 - Nonprobate Transfers on Death/
  7. Part 2 - Multiple-person Accounts Sub/
  8. Subpart 1 - Definitions and General Provisions/
  9. Section 15-15-204 - Forms
Colorado Legal Code
(1) A contract of deposit that contains provisions in substantially the following form establishes the type of account provided, and the account is governed by the provisions of this part 2 applicable to an account of that type: UNIFORM SINGLE- OR MULTIPLE-PARTY ACCOUNT FORMPARTIES [Name One Or More Parties]:________________________________________OWNERSHIP [Select One And Initial]: _____SINGLE-PARTY ACCOUNT _____MULTIPLE-PARTY ACCOUNT Parties own account in proportion to net contributions unless there is clear and convincing evidence of a different intent.RIGHTS AT DEATH [Select One And Initial]: _____SINGLE-PARTY ACCOUNT At death of party, ownership passes as part of party's estate. _____SINGLE-PARTY ACCOUNT WITH POD (PAY ON DEATH) DESIGNATION [Name One Or More Beneficiaries]: ______________________________ At death of party, ownership passes to POD beneficiaries and is not part of party's estate. _____MULTIPLE-PARTY ACCOUNT WITH RIGHT OF SURVIVORSHIP At death of party, ownership passes to surviving parties. _____MULTIPLE-PARTY ACCOUNT WITH RIGHT OF SURVIVORSHIP AND POD (PAY ON DEATH) DESIGNATION [Name One Or More Beneficiaries]: ______________________________ At death of last

asses to surviving parties. _____MULTIPLE-PARTY ACCOUNT WITH RIGHT OF SURVIVORSHIP AND POD (PAY ON DEATH) DESIGNATION [Name One Or More Beneficiaries]: ______________________________ At death of last surviving party, ownership passes to POD beneficiaries and is not part of last surviving party's estate. _____MULTIPLE-PARTY ACCOUNT WITHOUT RIGHT OF SURVIVORSHIP At death of party, deceased party's ownership passes as part of deceased party's estate. AGENCY (POWER OF ATTORNEY) DESIGNATION [Optional] Agents may make account transactions for parties but have no ownership or rights at death unless named as POD beneficiaries. [To Add Agency Designation To Account, Name One Or More Agents]: ______________________________ [Select One And Initial]: _____AGENCY DESIGNATION SURVIVES DISABILITY OR INCAPACITY OF PARTIES _____AGENCY DESIGNATION TERMINATES ON DISABILITY OR INCAPACITY OF PARTIES(2) A contract of deposit that does not contain provisions in substantially the form provided in subsection (1) is governed by the provisions of this part 2 applicable to the type of account that most nearly conforms to the depositor's intent.L. 90: Entire article R&RE, p. 911, § 1, effective July 1.

Section 15-15-204 - Forms

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