Colorado Treasury urges breweries to claim unclaimed assets during beer festival

Dave Young, Treasurer at Colorado State Treasurer
Dave Young, Treasurer at Colorado State Treasurer - Colorado State Treasurer
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Colorado’s Department of the Treasury is encouraging breweries and participants in the state’s beverage industry to check for unclaimed property, coinciding with the timing of the Great American Beer Festival. The initiative, known as the Great Colorado Payback, aims to return lost funds to rightful owners, including businesses and organizations.

“Unclaimed property belongs to the people and organizations of Colorado, including some of our most beloved breweries,” said Colorado State Treasurer Dave Young. “We want to get these funds back to where they belong, whether that’s to families, businesses, or nonprofits. Reuniting rightful owners with these dollars is always worth a toast.”

The list of entities with unclaimed assets includes well-known names such as Anheuser-Busch, Breckenridge Brewery, Coors Distributing Company, New Belgium Brewing, Oskar Blues Brewery, and the Great American Beer Festival itself.

Unclaimed property may consist of items like terminated insurance policies, forgotten utility deposits, or uncashed checks. According to the Treasury Department, there are more than $2 billion in unclaimed assets across Colorado waiting for individuals, businesses, and nonprofits to claim them.

“Every year we see new businesses and organizations pop up in the database,” said Unclaimed Property Director Bianca Gardelli. “If even the state’s best-known breweries have lost property, it’s a good reminder for everyone to take a look and claim what’s yours.”

Checking for unclaimed property can be done at no cost by visiting GreatCOPayback.com.

The Colorado Department of the Treasury manages public funds from receipt through disbursement and oversees programs such as the Great Colorado Payback. The unclaimed property division maintains records for over 15 million individuals, businesses, and organizations who may have assets waiting to be claimed.



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