Colorado Code § 15-15-227

Set-off. Without qualifying any other statutory right to set-off or lien and
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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.

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