Colorado § 11-105-404 - Pledge of assets.
Full text of Colorado Colorado Revised Statutes § 11-105-404 — Pledge of assets., with citation guidance and answers to common questions.
§ 11-105-404. Pledge of assets.
(1) A state bank may pledge its assets to:
(a) Enable it to act as agent for the sale of obligations of the United States;
(b) Secure borrowed funds;
(c) Secure deposits if:
(I) 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
(II) The state bank secures the deposit with a letter of credit issued or confirmed by a federal home loan bank; or
(d) Otherwise comply with the provisions of this code.
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.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-105-404
What does Colorado Revised Statutes § 11-105-404 cover?
Section 11-105-404 ("Pledge of assets.") 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 § 11-105-404?
A common citation format is "Colorado Revised Statutes § 11-105-404" (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 § 11-105-404 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.