Repealed.
Any indebtedness, intangible personal property, or tangible personal property capable of manual delivery, other than earnings, owned by the judgment debtor and in the possession and control of the garnishee at the time of service of the writ of garnishment upon the garnishee shall be subject to the process of garnishment.
Notwithstanding the provisions of subsection (2) of this section, the exemptions fromgarnishment required or allowed by law, including but not limited to exemptions provided by sections 13-54-102 and 13-54-104 and 15 U.S.C. sec. 1671 et seq., apply to all garnishments.
Source: L. 84: Entire article added, p. 470, § 1, effective January 1, 1985. L. 96: (1) amended, p. 621, § 30, effective July 1. L. 2019: (1) repealed and (3) amended, (HB 19-1189), ch. 214, p. 2224, § 2, effective August 2.
Editor's note: Section 7(2) of chapter 214 (HB 19-1189), Session Laws of Colorado 2019, provides that the act changing this section applies to all writs of garnishment issued on or after October 1, 2020, or the official declaration of the vote thereon by the governor if sent to a vote of the people, regardless of the dates of entry of the judgments upon which the writs of garnishment are based.