Colorado § 11-103-102 - Trust, fiduciary, and agency powers - when authorized.
Full text of Colorado Colorado Revised Statutes § 11-103-102 — Trust, fiduciary, and agency powers - when authorized., with citation guidance and answers to common questions.
§ 11-103-102. Trust, fiduciary, and agency powers - when authorized.
In addition to its other powers, a state bank that is authorized by its charter to exercise trust powers, upon proper qualification under this code, has the power to act as a fiduciary in any capacity. It may also act as registrar, transfer agent, fiscal agent, or attorney-in-fact and have the power to receive, manage, and apply sinking funds. Every state bank that is authorized by its charter to exercise trust powers pursuant to this section shall make and file with the commissioner an annual report of trust assets and such other reports as the banking board may require by rule, on such forms as may be prescribed by the banking board. No report filed pursuant to this section shall be required to be published.
Source: L. 2003: Entire article added with relocations, p. 1081, § 3, effective July 1.
Editor's note: This section is similar to former § 11-3-102 as it existed prior to 2003.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-103-102
What does Colorado Revised Statutes § 11-103-102 cover?
Section 11-103-102 ("Trust, fiduciary, and agency powers - when authorized.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 11-103-102?
A common citation format is "Colorado Revised Statutes § 11-103-102" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 11-103-102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.