The last 2017 CADA Regional Meeting is Thursday. Reserve your spot now!
CADA Annual Convention in Maui
Corinne Hancock invite
Corinne Hancock wraps up our speaker lineup with a powerful presentation at 11 a.m. Tuesday, November 14.
Get the details!
Regulatory & Compliance

Now is a good time to review your unclaimed property remittance program

By Matthew Groves, VP Legal, Regulatory & Compliance

Over the past few weeks, we’ve heard that multiple dealerships received notices from the Great Colorado Payback (the unclaimed property website run by the State Treasurer). These notices are written to allow for a self-audit, a self-audit with government assistance or a voluntary audit from the Unclaimed Property Office, of the dealer’s unclaimed property remittance program. This presented us with an opportunity to remind all dealers that an occasional self-audit of your program is always a good idea from the compliance perspective.

These programs are governed by the Colorado Unclaimed Property Act, found in the Colorado Revised Statutes at Chapter 38, Article 13 (CRS 38-13-101, et seq). The premise of this Act is that all intangible property that remains unclaimed throughout its dormancy period, typically five years, should be presumed abandoned and remitted to the State’s unclaimed property office.

The presumption of abandonment should be made, even if the rightful owner of the property has not requested or made an effort to retrieve the property. Once dormant, the dealer should send a notification letter to the owner at his/her last-known address, informing the owner that the property is being turned over to the State, which administrates all unclaimed property. This property can subsequently be found on the state-run website,, and the Office of Unclaimed Property will attempt to locate the individual or their heirs.

What counts as unclaimed property?

Naturally, you’re wondering, “What is unclaimed property — and do I have any?” Colorado includes in its definition of unclaimed property any vehicle deposits, insurance premium refunds, outstanding checks, wages/payroll and referral fees. The reality is, most if not all, dealers will have some amount of unclaimed property at their dealerships.

The benefit of remitting it to the State is that once the property is transferred in good faith, the State becomes the ‘safekeeper’ and the Dealer is indemnified from liability, should the owner make a demand (8 CCR 1508-1.5.7(a)). It is important to note, however, that you are permitted under CRS 38-13-112(b)(I) to “deduct and retain two percent of the value of the property or twenty-five dollars, whichever is [greater].” However, you can do that only if your compliance program is up to date. If abandoned property is discovered through an audit, you will forfeit this ability.

So what does all of this mean for you?

If you are holding unclaimed property, you are required to file an annual report with the Great Colorado Payback. It must include a description of the property with identifying numbers, the name and last known address of the owner and where the property is being held (CRS 38-13-110).

The easiest way to make a timely filing of this report is to create policies and procedures for tracking unclaimed property, including when its dormancy begins. This way, should state auditors ever request your records, you can easily identify which items become ‘presumed abandoned’ in this year and which efforts you have made to locate the owner, in accordance with the statute.
_  _  _
If you have not already adopted such policies and procedures, or would like some assistance in doing so, please contact Matthew Groves ( for a copy of the Unclaimed Property Self-Review Guide.
We’re shooting for new heights — and with your help, EVERYONE wins!

Turn your donation into a scholarship!
Help a student.
Help the environment.
Help yourself.

To date, the Clear the Air Foundation has received 471 cars and several cash donations from dealerships that don’t receive old, high polluters in trade.
Our goal is to recycle 800 cars by the end of the year. We’re more than halfway there — and we need your help!
To make a donation, contact George Billings, Director: 303.775.8896
George Billings (right), Clear the Air Foundation director, hands a $2,500 scholarship check to Alan Pence, Friday, October 6. Alan works for Vidmar Honda in Pueblo and will graduate from Colorado State University, Pueblo in May 2019. Congrats to Alan — and to Vidmar Honda!
There's one CADA
regional meeting left!
There’s one CADA Regional Meeting left! After making stops in 16 cities across Colorado in August and September, just one regional meeting remains. If you attended a regional meeting or two, we hope you walked away with a good idea of what CADA does for you.

And if you missed a meeting near you, join us Thursday, October 19 at 8 a.m. at CADA Headquarters (290 E. Speer Blvd.; Denver, 80203)!

Regional meetings are FREE for CADA members.

Download the registration form!
Register by e-mail:

Denver Metro Area
CADA Headquarters
8:00 a.m.
Legislative Grassroots Meetings
Legislative Grassroots Meetings were key to CADA’s success at the state capitol during the 2017 legislative session. Dealer participation is crucial to the success of these meetings, so please attend one or two of these upcoming meetings.

If you have any questions at all, feel free to contact Michelle O’Connor, Legislative and Communications Manager, or 303.457.5113. We look forward to seeing you!
Wednesday, October 18, 7:30 a.m. — Rep. Millie Hamner
Sunshine Café
250 Summit Pl.; Silverthorne, 80498
Tesla's troubles continue
Manufacturers' updates
Cadillac holds off on virtual showrooms
Colorado Safety Association   -   November Schedule of Events
NSC First Aid / CPR and AED
November 1 (8:00 am to 2:30 pm)

Do you have the confidence to respond in an emergency? CSA offers the National Safety Council First Aid /CPR & AED training. This nationally recognized training provides the life-saving skills you need to handle an emergency until a professional arrives!
Course content includes: Breathing and cardiac emergencies, identifying and caring for bleeding, sudden illness and injuries; preventing disease transmission; allergic reactions.
This course meets the requirements of the OSHA First Aid Standard (29CFR 1910.151). First Aid and CPR Certificates are good for two years.
All Participants: $65

Forklift Operator Instructor Development
November 7 (8:00 am to 4:00 pm)

This course is designed for companies that would like to conduct their own forklift operator certification training at their facility. Participants will get the basic tools needed to establish a powered industrial truck program at their workplace. CSA will teach you the OSHA requirements for powered industrial truck training to make sure your operators are safe and in compliance. Forklift experience is highly suggested for instructor candidates. Participants will receive an Instructor Manual that includes a sample written exam and sample skills test. They will also receive a basic PowerPoint presentation.
Member: $245     Alliance Member: $275    Non-member: $325

Sologic Root Cause Analysis- Analyst Level 1: Facilitator - New!
November 9-10 (8:00 am to 5:00 pm)
The two-day Analyst Level 1: Facilitator course provides students the knowledge, skills, and confidence needed to analyze and solve important problems. Students will learn to gather evidence, create a problem statement, analyze cause and effect, identify effective solutions, and develop a professional final report. Sologic RCA is a streamlined methodology based on cause and effect. It ensures that the final report represents a complete understanding of the event being analyzed and recommends corrective and/or preventative actions. The course includes a license of Causelink Desktop RCA software and a discount on Causelink Individual web-based software for each student.
Causelink Desktop provides an intuitive user interface and functionality to provide analysts the ability to easily build cause-and-effect charts, create RCA reports, and share their results.
System Requirements for Causelink:
• Processor: Minimum Intel Pentium III 1 GHz or faster; Recommended Pentium 4, 2 GHz
• Operating System: Windows 10, Windows 8, Windows 7, Windows Vista SP1, Windows XP SP2 & SP3
• Memory: Minimum 512 MB of RAM; Recommended 1 GB of RAM
• Microsoft .NET 4.0 Framework
• Adobe Reader
Member: $995      Alliance Member: $995      Non-member: $995
Confined Space Entry for Construction Workshop** - New!
November 14 (8:00 am to 11:00 am)
OSHA’s Permit-Required Confined Space standard is intended to protect workers from toxic, explosive, or asphyxiating atmospheres; when working in manholes, crawl spaces, and tanks. These spaces are not designed for continuous occupancy and are difficult to exit in the event of an emergency. Employers are required to identify each permit-required confined space in their workplace, prevent unauthorized entry into these spaces, and protect entrants that enter the space. This program will provide you with an understanding of permit-required confined spaces, identification of the hazards associated with working in these spaces, the responsibilities of the people involved with confined space work, and the requirements for confined space rescue.
This program will include information on the OSHA standard as well as give participants resources they can use to conduct training for their employees.
What we will cover:
• Review the OSHA confined space for construction standard
• Explain and identify confined spaces
• Understand the roles of the Host Employer, Controlling Contractor and Entry Employer
• Identify hazards and control methods associated with work performed in confined spaces
• Discuss and review confined space entry permits
• Describe confined space communications methods
• Discuss atmospheric monitoring needed during confined space entry operations
• Review the responsibilities of the confined space entrant, attendant and supervisor and the training required for each
• Describe and understand the requirements for personnel rescue procedure, especially for non-entry rescue and retrieval
• Identify components needed for a written program
Member: $70     Alliance Member: $70     Alliance Member: $85
This session is approved for the Pinnacol Safety Group
Coaching the Van Driver
November 15 (8:00 am to 12:00 pm)

Many organizations assume that van driving is the same as driving a car, and expect their employees (or volunteers) to assume van-driving responsibilities without any training. The fact is most commercial vans are very different from passenger cars – they’re bigger, heavier, have larger blind spots, and require longer following and stopping distances. Coaching the Van Driver III™ shows drivers how to compensate for these differences and help keep them on the road and on the job.
Course Content:
• Self-Appraisal
• Van Inspection / Vehicle Characteristics
• Scanning, Cushion of Safety and Communicating
• Reading Traffic Situations
• Collision Reporting Procedures
Member: $65    Alliance Member: $65      Non-member: $75

Defensive Driving 6-Hour (Saturday)
November 18 (8:00 am to 3:00 pm)

This course is highly interactive with the goal of providing drivers with practical knowledge and techniques to avoid collisions and violations.
With a defensive driving self-assessment risk survey and vital content on distracted driving and other leading safety issues, this course helps drivers choose safe, responsible and lawful driving behaviors.
All Participants: $65

Bloodborne and Airborne Pathogens**
November 29 (8:00 am to 10:30 am)

This NSC course focuses on how to protect employees from blood and airborne pathogens and what to do if exposure occurs. Session will cover an introduction to bloodborne pathogens including hepatitis viruses and HIV, and airborne pathogens including tuberculosis, plus proven steps to reduce exposure and prevent infection, and exposure control plans.
Member: $55     Alliance Member: $55     Non-member: $70
This session is approved for the Pinnacol Safety Group
Breakfast Club: Breakfast with OSHA (Members Only)
November 30 (8:00 am to 9:00 am)

Join us for this informative session and a bite to eat! This free Members Only event provides an opportunity to get answers from OSHA on your questions. In addition to your questions, topics of the moment will be discussed. RSVP by November 16th.
** Seminars marked with ** will save $10 on the listed fee when you register early. Early registration savings expire two (2) weeks prior to the seminar.

*These Sessions are Pinnacol Safety Group Approved.
Complete Course Information and Registration - Click Here
Upcoming Events & Seminars
Advertising Compliance
(available online)

CLICK HERE for more information
To purchase a copy, please contact:
CADA Headquarters: 303.831.1722

Damage Disclosure Webinar
(available online)

CLICK HERE for more information
To purchase a copy, please contact:
CADA Headquarters: 303.831.1722


For information about any of the Endorsed Provider’s products or services, contact
Polly Penna 
303.457.5119 office  |  303.945.6426  mobile
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