Colorado § 11-104-101 - Prohibition on acquisition or control - limited service banking institutions.
Full text of Colorado Colorado Revised Statutes § 11-104-101 — Prohibition on acquisition or control - limited service banking institutions., with citation guidance and answers to common questions.
§ 11-104-101. Prohibition on acquisition or control - limited service banking institutions.
Notwithstanding any other provision of law, no bank holding company or other company may acquire or control any banking institution located in this state that does not both accept deposits that the depositor has a legal right to withdraw on demand and engage in the business of making commercial loans.
Source: L. 2003: Entire article added with relocations, p. 1109, § 3, effective July 1.
Editor's note: This section is similar to former § 11-6.3-101 (2) as it existed prior to 2003.
PART 2
ACQUISITION OF CONTROL OF BANKS AND BANK HOLDING COMPANIES
Law reviews: For article, "Interstate Banking Comes to Colorado", see 17 Colo. Law. 1089 (1988).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-104-101
What does Colorado Revised Statutes § 11-104-101 cover?
Section 11-104-101 ("Prohibition on acquisition or control - limited service banking institutions.") 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 § 11-104-101?
A common citation format is "Colorado Revised Statutes § 11-104-101" (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 § 11-104-101 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.