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Colorado Revised Statutes Title 11. Financial Institutions § 11-106-107. Funds awaiting investment or distribution

Current as of January 01, 2025 | Updated by Findlaw Staff

A bank's duties regarding the holding of uninvested or undistributed funds that are awaiting investment or distribution are governed by the “Colorado Uniform Prudent Investor Act”, article 1.1 of title 15, C.R.S., the “Uniform Prudent Management of Institutional Funds Act”, part 11 of article 1 of title 15, C.R.S., and applicable standards and requirements imposed by the federal deposit insurance corporation.

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Cite this article: FindLaw.com - Colorado Revised Statutes Title 11. Financial Institutions § 11-106-107. Funds awaiting investment or distribution - last updated January 01, 2025 | https://codes.findlaw.com/co/title-11-financial-institutions/co-rev-st-sect-11-106-107/

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