Colorado Code § 38-13-608

Disposition of property having no substantial value - immunity from liability
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(1) If the administrator takes custody of property delivered under this article 13 and
later determines that the property has no substantial commercial value or that the cost of
disposing of the property will exceed the value of the property, the administrator may return the
property to the holder or destroy or otherwise dispose of the property.
(2) An action or proceeding shall not be commenced against the state, an agency of the
state, the administrator, another officer, employee, or agent of the state, or a holder for or
because of an act of the administrator under this section, except for intentional misconduct or
malfeasance.

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