ColoradoColorado Voidable Transactions Act
What it does
Under current law, fraudulent transactions are controlled by the "Colorado Uniform Fraudulent Transfers Act". The act makes updates to the "Colorado Uniform Fraudulent Transfers Act" and renames it as the "Colorado Voidable Transactions Act". The act changes references in current statute from "fraudulent transfers" to "voidable transactions".
More detail
The act changes Colorado law to align with uniform law regarding voidable transactions and updates some of the definitions and terminology used in current statute.
The act establishes burdens of proof and evidentiary requirements for various claims related to voidable transactions. The act also establishes which jurisdictional laws control certain types of claims based on the location of a debtor. (Note: This summary applies to this bill as enacted.)
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Apr 7Governor Jared Polis SignedBecame Law
- Mar 28Signed by the President of the Senate
- Mar 28Signed by the Speaker of the House
- Mar 28Sent to the GovernorTo Governor
- Mar 17Senate Considered House Amendments - Result was to Concur - Repass
- Vote recorded CONCUR. Result: pass.Upper
- Vote recorded REPASS. Result: pass.Upper
- Mar 13House Third Reading Passed - No AmendmentsPassed House
- Vote recorded BILL. Result: pass.Lower
- Mar 12House Second Reading Special Order - Passed with Amendments - Committee
- Mar 10House Committee on Finance Refer Amended to House Committee of the WholeMinor
- Mar 3Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Upper
- Mar 3Introduced In House - Assigned to FinanceMinor
- Feb 28Senate Second Reading Passed with Amendments - CommitteeMinor
- Feb 25Senate Committee on Finance Refer Amended - Consent Calendar to Senate Committee of the WholeMinor
- Feb 5Introduced In Senate - Assigned to FinanceIntroduced