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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) 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.
(2) Subsection (1) of this section does not apply to trust institutions.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 11. Financial Institutions § 11-109-102. Use of words “trust” or “trust company” - last updated January 01, 2025 | https://codes.findlaw.com/co/title-11-financial-institutions/co-rev-st-sect-11-109-102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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