SB 25-133 CO Became Law
Colorado Voidable Transactions Act
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Summary
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". 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.)
Sponsors (4)
- Marc Snyder Democratic · primary
- John Carson Republican · primary
- Matt Soper Republican · primary
- Sean Camacho Democratic · primary
4 coauthors / cosponsors
- D. Roberts Democratic · cosponsor
- W. Lindstedt Democratic · cosponsor
- B. Marshall Democratic · cosponsor
- S. Woodrow Democratic · cosponsor
Action history (13)
- Apr 7, 2025 Governor Signed · executive
- Mar 28, 2025 Sent to the Governor · executive
- Mar 28, 2025 Signed by the Speaker of the House · lower
- Mar 28, 2025 Signed by the President of the Senate · upper
- Mar 17, 2025 Senate Considered House Amendments - Result was to Concur - Repass · upper
- Mar 13, 2025 House Third Reading Passed - No Amendments · lower
- Mar 12, 2025 House Second Reading Special Order - Passed with Amendments - Committee · lower
- Mar 10, 2025 House Committee on Finance Refer Amended to House Committee of the Whole · lower
- Mar 3, 2025 Introduced In House - Assigned to Finance · lower
- Mar 3, 2025 Senate Third Reading Passed - No Amendments · upper
- Feb 28, 2025 Senate Second Reading Passed with Amendments - Committee · upper
- Feb 25, 2025 Senate Committee on Finance Refer Amended - Consent Calendar to Senate Committee of the Whole · upper
- Feb 5, 2025 Introduced In Senate - Assigned to Finance · upper
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