Colo. Rev. Stat. § 15-1-503

Current through 11/5/2024 election

Section 15-1-503 - Fiduciary property deposits

Any fiduciary may deposit fiduciary property with a bank or trust company, including a federal reserve bank, or with a clearing corporation, as defined in section 4-8-102(a)(5), C.R.S., as depository, and such fiduciary property so deposited may be registered in such depository's name as nominee for the fiduciary or may be registered in the name of a nominee of such depository.

C.R.S. § 15-1-503

L. 77: Entire part R&RE, p. 826, § 1, effective July 1. L. 96: Entire section amended, p. 245, § 23, effective July 1.

This section is similar to former § 15-1-502 as it existed prior to 1977.