Colo. Rev. Stat. » Title 15
Colorado Revised Statutes

Colo. Rev. Stat. § 15-15-227 (2026)

Set-off

✓ current as of July 2026
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Without qualifying any other statutory right to set-off or lien and subject to any contractual provision, if a party is indebted to a financial institution, the financial institution has a right to set-off against the account. The amount of the account subject to set-off is the proportion to which the party is, or immediately before death was, beneficially entitled under section 15-15-211 or, in the absence of proof of that proportion, an equal share with all parties.

Source: L. 90: Entire article R&RE, p. 916, § 1, effective July 1.

Editor's note: This section is similar to former § 15-15-113 as it existed prior to 1990.

PART 3

UNIFORM TOD SECURITY REGISTRATION ACT

Notes of Decisions
Cited in 1 case, 2007–2007 · leading case: Bryant v. Cmty. Choice Credit Union, 160 P.3d 266 (Colo. Ct. App. 2007).
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Bryant v. Cmty. Choice Credit Union, 160 P.3d 266 (Colo. Ct. App. 2007). · cites it 2× “In addition, under § 15-15-227, C.R.S. 2006, subject to other statutory rights to setoff, liens, and contractual provisions, a financial institution's right of setoff against a joint account is limited to the proportionate amount to which the debtor party is beneficially…”
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