Colorado Code § 15-12-1202

Effect of affidavit
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(1) The person paying, delivering, transferring, or
issuing personal property or the evidence thereof pursuant to affidavit is discharged and released
to the same extent as if he or she dealt with a personal representative of the decedent. He or she
is not required to see to the application of the personal property or evidence thereof or to inquire
into the truth of any statement in the affidavit.
(2) If any person to whom an affidavit is delivered refuses to pay, deliver, transfer, or
issue any personal property or evidence thereof, it may be recovered or its payment, delivery,
transfer, or issuance compelled upon proof of the right of persons entitled thereto in a proceeding
brought for the purpose by or on behalf of such persons.
(3) If a proof of right has been established in a proceeding under subsection (2) of this
section, any person to whom an affidavit was delivered and who refused, without reasonable
cause, to pay, deliver, transfer, or issue any personal property or evidence thereof belonging to
the decedent, as provided in section 15-12-1201, shall be liable for all costs, including
reasonable attorney fees and costs, incurred by or on behalf of the persons entitled thereto. The
person to whom an affidavit was delivered bears the burden of proving reasonable cause by a
preponderance of the evidence.
(4) Any person to whom payment, delivery, transfer, or issuance is made is answerable
and accountable therefor to any personal representative of the estate or to any other person
having a superior right.

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