Colorado Revised Statute section 38-22-126 requires lenders who have agreed to make any loan to a contractor to file notice of the disbursement prior to the first disbursement.

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Prepared by, recording requested by and return to: Name: Company: Address: City: State: Zip: Phone: Fax: ----------------------Above this Line for Official Use Only--------------------- DISBURSED'S
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How to fill out disbursers notice

To fill out a disbursers notice, follow these steps:
01
Obtain the disbursers notice form. This can usually be found on the website of the organization or institution requiring the notice, or it may be available in paper format from their office.
02
Enter your personal information. Provide your name, address, and contact details in the designated sections of the form. Make sure to double-check the accuracy of the information before submitting.
03
Specify the purpose of the disbursers notice. Indicate the reason for requesting the notice, such as a loan disbursement, scholarship award, or any other financial transaction that requires documentation.
04
Input the required financial details. Fill in the necessary information related to the transaction, such as the amount to be disbursed, the designated recipient, and any specific instructions or restrictions that apply.
05
Include supporting documentation if necessary. Some disbursers notice forms may require additional documentation to be attached, such as bank statements, identification documents, or letters of approval. Make sure to review the instructions carefully and provide any required supporting materials.
06
Review and sign the disbursers notice form. Before submitting the form, carefully review all the information you have entered to ensure its accuracy. Once you are satisfied with the details, sign and date the form in the designated spaces.
Who needs disbursers notice:
01
Students applying for or receiving financial aid from educational institutions.
02
Borrowers receiving loans from banks or financial institutions.
03
Recipients of scholarships, grants, or any form of financial assistance from organizations or foundations.
04
Individuals involved in legal proceedings that require the disbursement of funds, such as settlements or court-ordered payments.
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What is disbursers notice?
A disbursers notice is a formal notification provided to inform about the disbursement of funds or assets, typically in relation to grant funding or financial transactions.
Who is required to file disbursers notice?
Organizations or individuals who are responsible for distributing funds or assets, often those receiving grants or managing funds from public or private sources, are required to file a disbursers notice.
How to fill out disbursers notice?
To fill out a disbursers notice, you typically need to provide relevant details such as the names of the parties involved, the amount of funds being disbursed, the purpose of the disbursement, and any applicable dates. Ensuring accuracy and completeness is important.
What is the purpose of disbursers notice?
The purpose of a disbursers notice is to ensure transparency and accountability in financial transactions, particularly in situations involving grants or public funds, and to formally document the distribution of funds.
What information must be reported on disbursers notice?
The information reported on a disbursers notice typically includes the names and addresses of the disburser and the recipient, the amount being disbursed, the purpose of the disbursement, and relevant dates such as the date of the transaction.
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