Loading chat...

CO HB1229

Bill

Status

Passed

5/22/2019

Primary Sponsor

Dylan Roberts

Click for details

Origin

House of Representatives

2019 Regular Session

AI Summary

HB 1229 Summary

  • Creates the Colorado Electronic Preservation of Abandoned Estate Planning Documents Act to establish a central repository in the State Court Administrator's office for estate planning documents that professionals cannot locate the original creators for.

  • Requires custodians (attorneys, financial institutions, fiduciaries, etc.) to conduct diligent searches and mail 90-day notice to creators before converting original documents to electronic format and filing with the State Court Administrator.

  • Establishes the State Court Administrator's duties to maintain a searchable database of creator names, create individual computer folders and profiles for each creator, and issue certified copies of electronic documents to authorized recipients upon proof of identity.

  • Authorizes the State Court Administrator to charge fees (based on actual costs) for filing statements, retrieving documents, and requesting deletions, with fees deposited into a dedicated cash fund for administering the program.

  • Electronic documents certified by the State Court Administrator are deemed equivalent to original documents for all purposes under Colorado law, and certified copies may be used in probate proceedings.

Legislative Description

Electronic Preservation Of Abandoned Estate Documents

Courts & Judicial

Last Action

Governor Signed

5/22/2019

Committee Referrals

Finance4/27/2019
Appropriations4/8/2019
Finance3/21/2019
State, Veterans, and Military Affairs3/8/2019

Full Bill Text

No bill text available