reglab/housing_qa huggingface dataset:
CO Code § 11-105-403 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 4 - Property, Sales, Borrowing, and Signature Guaranty|§ 11-105-403. Sale of Assets

 A bank chartered in this or another state may sell any asset in the ordinary course of business or, with the approval of the banking board, in any other circumstance. The sale of all, or substantially all, of the assets of a bank or of a department thereof is governed by section 11-103-709 .   History. Source: L. 2003: Entire article added with relocations, p. 1125, § 3, effective July 1. L. 2013: Entire section amended,(SB 13-154), ch. 282, p. 1466, § 13, effective July 1.    Editor's note:   This section is similar to former § 11-8-103 as it existed prior to 2003.
CO Code § 11-105-404 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 4 - Property, Sales, Borrowing, and Signature Guaranty|§ 11-105-404. Pledge of Assets

  A state bank may pledge its assets to:   Enable it to act as agent for the sale of obligations of the United States;    Secure borrowed funds;    Secure deposits if:   The depositor is required to obtain such security by the laws of the United States, by the terms of any interstate compact, by the laws of any state, or by the order of a court of competent jurisdiction; or    The state bank secures the deposit with a letter of credit issued or confirmed by a federal home loan bank; or       Otherwise comply with the provisions of this code.        History. Source: L. 2003: Entire article added with relocations, p. 1125, § 3, effective July 1. L. 2009: (1)(c) amended,(HB 09-1053), ch. 159, p. 689, § 7, effective August 5.    Editor's note:   This section is similar to former § 11-8-105 as it existed prior to 2003.
CO Code § 11-105-405 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 4 - Property, Sales, Borrowing, and Signature Guaranty|§ 11-105-405. Signature Guaranty

  A bank may become guarantor of the genuineness of a signature.    A bank guaranteeing the signature of a person on any document warrants to any person relying on such guaranty only that:   The signature is that of a person signing;    The signer is the holder, or the signer has purported authority to sign in the name of the holder; except that, if the holder purports to act as a fiduciary, as “fiduciary” is defined either in this code or in article 1 of title 15, C.R.S., or if the holder's name is signed by a person purporting to act on the holder's behalf as such a fiduciary, the bank warrants that such holder or such person so signing as such fiduciary is in fact the fiduciary he or she purports to be and warrants that the bank has no actual knowledge that such fiduciary is committing a breach of such fiduciary's obligation as such fiduciary in signing such document and that it has no knowledge of such facts that its action in guaranteeing the signature amounts to bad faith; and    The signer has legal capacity to sign.       A bank may disclaim in its guaranty all or any part of the obligations set forth in paragraph (b) of subsection (2) of this section.     History. Source: L. 2003: Entire article added with relocations, p. 1125, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-8-106 as it existed prior to 2003.
CO Code § 11-105-501 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 5 - Safe Deposit and Safekeeping Facilities|§ 11-105-501. Safe Deposit Boxes - Leasing and Subsidiary Company

  Subject to such rules as the banking board may prescribe, a bank may maintain and lease safe deposit boxes and may accept property for safekeeping if, except in the case of night depositories, it issues a receipt therefor.    A bank may own stock in a safe deposit company located in the same community in which the bank is doing business, not exceeding in aggregate cost fifteen percent of its capital and surplus, but at least ninety percent of the stock in such safe deposit company in which such stock is so owned must be owned by banks or trust companies.     History. Source: L. 2003: Entire article added with relocations, p. 1126, § 3, effective July 1. L. 2009: (1) amended,(HB 09-1053), ch. 159, p. 689, § 8, effective August 5.    Editor's note:   This section is similar to former § 11-9-102 as it existed prior to 2003.
CO Code § 11-105-502 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 5 - Safe Deposit and Safekeeping Facilities|§ 11-105-502. Access by Fiduciaries

  Where a safe deposit box is made available by a lessor to one or more persons acting as fiduciaries, the lessor may, except as otherwise expressly provided in the lease or the writings pursuant to which such fiduciaries are acting, allow access thereto as follows:   By any one or more of the persons acting as executors or administrators;    By any one or more of the persons otherwise acting as fiduciaries, when authorized in writing, signed by all other persons so acting;    By any agent authorized in writing, signed by all of the persons acting as fiduciaries.        History. Source: L. 2003: Entire article added with relocations, p. 1126, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-9-103 as it existed prior to 2003.
CO Code § 11-105-503 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 5 - Safe Deposit and Safekeeping Facilities|§ 11-105-503. Lease to Minor

 A lessor may lease a safe deposit box to, or accept property for safekeeping from, a minor and, in connection therewith, deal with such minor to the same effect as if dealing with a person of full legal capacity, unless and until the minor's guardian or conservator files with the lessor a certified copy of the order of a Colorado court having jurisdiction appointing such guardian or conservator and directs otherwise.   History. Source: L. 2003: Entire article added with relocations, p. 1126, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-9-104 as it existed prior to 2003.
CO Code § 11-105-504 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 5 - Safe Deposit and Safekeeping Facilities|§ 11-105-504. Death of Lessee - Procedure

 The provisions of section 15-10-111 , C.R.S., shall apply on the death of a lessee of a safe deposit box as defined in section 11-101-401 .   History. Source: L. 2003: Entire article added with relocations, p. 1127, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-9-105 as it existed prior to 2003.
CO Code § 11-105-505 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 5 - Safe Deposit and Safekeeping Facilities|§ 11-105-505. Adverse Claims to Safe Deposit Box

  An adverse claim to the contents of a safe deposit box is not sufficient reason to require the lessor to deny access to its lessee unless:   The lessor is directed to do so by a court order issued in an action in which the lessee is served with process and named as a party by a name that identifies the lessee with the name in which the safe deposit box is leased; or    The safe deposit box is leased, or the property is held, in the name of a lessee with the addition of words indicating that the contents, or property, are held in a fiduciary capacity for a named beneficiary or beneficiaries, and the adverse claim is supported by a sworn written statement of facts disclosing that it is made by, or on behalf of, such a beneficiary and that there is reason to know that the fiduciary may misappropriate the trust property.       A claim is also an adverse claim where one of several lessees claims, contrary to the terms of the lease, an exclusive right of access, or where one or more persons claim a right of access as agents or officers of a lessee to the exclusion of others as agents or officers, or where it is claimed that a lessee is the same person as one using another name.    The lessor of a safe deposit box shall not be deemed to be in possession or control of the contents thereof for the purposes of section 13-54.5-103, C.R.S., or any other statute or rule pertaining to writs of garnishment.     History. Source: L. 2003: Entire article added with relocations, p. 1127, § 3, effective July 1. L. 2009: (3) added,(HB 09-1053), ch. 159, p. 689, § 9, effective August 5.    Editor's note:   This section is similar to former § 11-9-106 as it existed prior to 2003.
CO Code § 11-105-506 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 5 - Safe Deposit and Safekeeping Facilities|§ 11-105-506. Annual Fees

 Every lessor, except a bank as defined in section 11-101-401 (5) or subsidiary thereof, shall pay annually to the division of banking such fees as are determined by the banking board to be sufficient to defray the cost to the state of regulating such lessor.   History. Source: L. 2003: Entire article added with relocations, p. 1127, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-9-107 as it existed prior to 2003.
CO Code § 11-105-601 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 6 - Financial Institutions, Operation of Branches, Organizational and Operational Equality|§ 11-105-601. Legislative Declaration

  The general assembly finds, determines, and declares that distinctions in function and services of various types of financial institutions have become so narrow that organizational and operational equality should be encouraged and facilitated in this state. It is the intent of the general assembly to enact legislation that will promote the safety and soundness of financial institutions for the benefit of the public, improve efficiency for the economic operation of those financial institutions, and ensure that the state of Colorado, by its appropriate action, will continue its control of those financial institutions within its jurisdiction.    Repealed.     History. Source: L. 2003: Entire article added with relocations, p. 1127, § 3, effective July 1. L. 2004: (2) repealed, p. 147, § 44, effective July 1.    Editor's note:   This section is similar to former § 11-25-101 as it existed prior to 2003.
CO Code § 11-105-602 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 6 - Financial Institutions, Operation of Branches, Organizational and Operational Equality|§ 11-105-602. Financial Branches Allowed - Conversion of Financial Institutions to Branches - Acquisitions

  Any financial institution may convert any affiliate financial institution to a branch.    Any financial institution, no matter the location of its principal place of business, may acquire any other financial institution for conversion to a branch or branches in this or another state.      Any bank, no matter the location of its principal place of business, upon thirty days' prior written notice to the banking board or the commissioner, may establish one or more de novo branches anywhere in this or another state.    Any bank or savings and loan association may, upon thirty days' written notice to the banking board or commissioner, be converted to a branch of any bank or savings and loan association.    (b.5) (I) No financial institution may directly or indirectly establish or maintain or cause to be established or maintained its principal office, a loan production office, a deposit production office, an electronic communications device, or a branch in this state on or within one and one-half miles from premises or property owned, leased, or otherwise controlled, directly or indirectly, by an affiliate that engages in commercial activities.    Repealed.       The banking board and the financial services board shall adopt policies and procedures by rule no more restrictive than federal regulatory policies and procedures relative to notice of branches to be established under this subsection (3).        History. Source: L. 2003: Entire article added with relocations, p. 1127, § 3, effective July 1. L. 2004: (3)(c) amended, p. 147, § 45, effective July 1. L. 2007: (3)(b.5) added, p. 117, § 2, effective March 16; (3)(b.5)(II)(B) amended, p. 2021, § 15, effective June 1. L. 2013: (2), (3)(a), and (3)(b) amended and (3)(b.5)(II) repealed,(SB 13-154), ch. 282, pp. 1467, 1484, §§ 15, 56, effective July 1.    Editor's note:   This section is similar to former § 11-25-103 as it existed prior to 2003.   ANNOTATION   Law reviews. For article, “Colorado's Version of Branch Banking”, see 20 Colo. Law. 1611 (1991).
CO Code § 11-105-603 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 6 - Financial Institutions, Operation of Branches, Organizational and Operational Equality|§ 11-105-603. Financial Institutions - Common Powers and Limitations

  Any acquisition of a branch from another financial institution is subject to the percentage limitation set forth in subsection (5) of this section. Such an acquisition by a financial institution is expressly authorized, and the location of such branch may be changed pursuant to law.    Nothing in this part 6 applies to a branch facility operating under an emergency grant pursuant to section 11-103-809; however, such a branch facility may continue to operate in perpetuity as a branch without being subject to any percentage limitation on branches set forth in this part 6.    Nothing in this part 6 or part 2 of article 104 of this title prevents the acquisition of any financial institution in this state by any other financial institution; however, any conversion of all or any part thereof to a branch must be in accordance with this part 6.    If any financial institution converts any affiliate financial institution to a branch pursuant to the provisions of this part 6, such financial institution at the time of such conversion or immediately thereafter shall meet the capital standards for banks in Colorado as required by the “Colorado Banking Code”, by any rules of the banking board, or by the commissioner.    Notwithstanding any other provision of this part 6, no financial institution that acquires any other financial institution on or after August 1, 1991, may convert the acquired financial institution to a branch or branches if such conversion or conversions will result in the acquiring financial institution controlling more than twenty-five percent of the aggregate of all deposits in all banks, savings and loan associations, federal savings banks, and other financial institutions located in Colorado that are federally insured. For the purpose of this subsection (5), deposits shall be determined based upon the public reports most recently filed with the appropriate federal regulatory agency.     History. Source: L. 2003: Entire article added with relocations, p. 1132, § 3, effective July 1. L. 2013: (1), (2), and (3) amended,(SB 13-154), ch. 282, pp. 1467, 1485, §§ 16, 57, effective July 1.    Editor's note:   This section is similar to former § 11-25-104 as it existed prior to 2003.
CO Code § 11-105-604 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 6 - Financial Institutions, Operation of Branches, Organizational and Operational Equality|§ 11-105-604. Subsidiary Depository Institutions as Agent

  Any bank subsidiary of a bank holding company may receive deposits, renew time deposits, close loans, service loans, and receive payments on loans and other obligations as an agent for an affiliate financial institution, as such authority is set forth in section 101(d) of the federal “Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994”. Notwithstanding any other provision of law, a bank acting as an agent in accordance with this subsection (1) for an affiliate financial institution shall not be considered to be a branch of the affiliate.    Any contract entered into pursuant to section 11-25-105 as it existed prior to July 1, 1995, shall remain valid and in effect according to the terms of the contract and any subsequent agreement of the contracting financial institutions.     History. Source: L. 2003: Entire article added with relocations, p. 1132, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-25-105 as it existed prior to 2003.   Cross references:   For the federal “Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994”, see Pub.L. 103-328, codified at 12 U.S.C. § 1811 et seq.; for section 101(d) of the act, see 12 U.S.C. § 1828.
CO Code § 11-105-605 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 6 - Financial Institutions, Operation of Branches, Organizational and Operational Equality|§ 11-105-605. Rule-Making by Banking Board and Financial Services Board

  The banking board shall promulgate and adopt such rules as are necessary to accomplish the purposes of this part 6.    The financial services board shall promulgate and adopt such rules as are necessary to accomplish the purposes of this part 6.    The banking board and the financial services board shall coordinate their rule-making that implements the provisions of this part 6 so that the procedures and time periods are the same for each type of financial institution to give notice of a branch thereunder.     History. Source: L. 2003: Entire article added with relocations, p. 1133, § 3, effective July 1. L. 2004: (2) and (3) amended, p. 147, § 46, effective July 1.    Editor's note:   This section is similar to former § 11-25-106 as it existed prior to 2003.
CO Code § 11-105-606 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 105 - Banking Practices|Part 6 - Financial Institutions, Operation of Branches, Organizational and Operational Equality|§ 11-105-606. Notice of Branch Closing

 No later than ninety days prior to the proposed date of any branch closing, the “notice of branch closing” required to be filed with the appropriate federal regulatory agency shall be filed with the banking board or the financial services board. The notice of branch closing shall include a detailed statement of the reasons for the decision to close the branch and statistical or other information in support of such reasons.   History. Source: L. 2003: Entire article added with relocations, p. 1133, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-25-107 as it existed prior to 2003.
CO Code § 11-109-102 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 109 - Trust Companies|Part 1 - General Provisions|§ 11-109-102. Use of Words “Trust” or “Trust Company”

  It is unlawful for any person, firm, association, or corporation to use or advertise the words “trust” or “trust company” in the conduct of its business in such a manner as is likely to cause the public to be confused, deceived, or mistaken that the person, firm, association, or corporation has been authorized to transact business as a regulated financial institution unless the person, firm, association, or corporation is organized under the “Colorado Banking Code”, articles 101 to 109 of this title, article 70 of this title, the banking laws of another state, or the national banking laws and is authorized to use the words “trust” or “trust company” as part of its name.    Subsection (1) of this section does not apply to trust institutions.     History. Source: L. 2003: Entire article added with relocations, p. 1177, § 3, effective July 1. L. 2013: Entire section amended,(SB 13-154), ch. 282, p. 1482, § 49, effective July 1.    Editor's note:   This section is similar to former § 11-23-102.3 as it existed prior to 2003.
CO Code § 11-109-103 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 109 - Trust Companies|Part 1 - General Provisions|§ 11-109-103. Applicability of Powers of Banking Board and Bank Commissioner to Trust Companies

 The powers, duties, and functions of the banking board and the commissioner contained in article 102 of this title and the declaration of policy contained in section 11-101-102 shall apply to the provisions of this article.   History. Source: L. 2003: Entire article added with relocations, p. 1177, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-23-102.5 as it existed prior to 2003.
CO Code § 11-109-105 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 109 - Trust Companies|Part 1 - General Provisions|§ 11-109-105. No Private Right of Action

 Except as expressly provided in this article, no person, other than the banking board, shall have the right to bring or maintain any private action, at law or in equity, for a violation of or to enforce this article.   History. Source: L. 2003: Entire article added with relocations, p. 1180, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-23-125 as it existed prior to 2003.
CO Code § 11-109-201 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 109 - Trust Companies|Part 2 - Powers|§ 11-109-201. Powers of Trust Companies

  A trust company shall be incorporated under and subject to the general corporation laws of this state not inconsistent with this article. The business activities of a trust company in this state shall be limited to the exercise of the power to:   Act or be appointed by a court to act in like manner as an individual, an executor, a personal representative, a trustee, an administrator, a guardian, a conservator, an assignee, a custodian, a receiver, or a depository or in any other fiduciary capacity for any purposes permitted by law;    Act as a transfer agent, a registrar, an escrow agent, or an attorney-in-fact and to receive, manage, and apply sinking funds;    Maintain and rent safe deposit and safekeeping facilities;    Receive and maintain savings deposits, time deposits, and certificates of deposit, and to pay interest thereon at the rates permitted state banks under section 11-105-102 (3), subject to the restrictions of section 11-109-204;    Exercise the same investment powers as an individual fiduciary under like circumstances;    Accept and execute any fiduciary business permitted by the laws of this state or any other state and the United States and to establish common trust funds as provided by article 24 of this title;    Take oaths and execute affidavits by the oath or affidavit of the president, vice-presidents, secretary, assistant secretary, manager, trust officer, or assistant trust officer;    Act as an investment adviser under any applicable law;    Do and perform any other acts necessary or proper to exercise the powers enumerated in this section.       Except for those powers specifically authorized in subsection (1) of this section and section 11-109-907, a trust company shall not have the power to conduct a banking business, receive and maintain transaction deposit accounts, nor use the word “bank” in its name.    As authorized pursuant to section (2), C.R.S., a trust company may, pursuant to federal law or under such rules as may be adopted by the banking board or the commissioner of insurance pursuant to section 10-2-601, C.R.S., act as the agent for any insurance company authorized to do business in this state by soliciting and selling insurance and collecting premiums on policies issued by such company. For such services, a trust company may receive such fees or commissions as may be agreed between the trust company and the insurance company.     History. Source: L. 2003: Entire article added with relocations, p. 1180, § 3, effective July 1.    Editor's note:   This section is similar to former § 11-23-103 as it existed prior to 2003.