Colorado § 11-105-405 - Signature guaranty.
Full text of Colorado Colorado Revised Statutes § 11-105-405 — Signature guaranty., with citation guidance and answers to common questions.
§ 11-105-405. Signature guaranty.
(1) A bank may become guarantor of the genuineness of a signature.
(2) A bank guaranteeing the signature of a person on any document warrants to any person relying on such guaranty only that:
(a) The signature is that of a person signing;
(b) The signer is the holder or the signer has purported authority to sign in the name of the holder; except that, if the holder purports to act as a fiduciary, as "fiduciary" is defined either in this code or in article 1 of title 15, or if the holder's name is signed by a person purporting to act on the holder's behalf as such a fiduciary, the bank warrants that the holder or person signing as fiduciary is in fact the fiduciary purported to be and warrants that the bank has no actual knowledge that the fiduciary is committing a breach of the fiduciary's obligation as the fiduciary in signing the document and that it has no knowledge of facts that its action in guaranteeing the signature amounts to bad faith; and
(c) The signer has legal capacity to sign.
(3) A bank may disclaim in its guaranty all or any part of the obligations set forth in paragraph (b) of subsection (2) of this section.
Source: L. 2003: Entire article added with relocations, p. 1125, § 3, effective July 1. L. 2024: (2)(b) amended, (HB 24-1351), ch. 461, p. 3205, § 29, effective August 7.
Editor's note: This section is similar to former § 11-8-106 as it existed prior to 2003.
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Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-105-405
What does Colorado Revised Statutes § 11-105-405 cover?
Section 11-105-405 ("Signature guaranty.") 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 § 11-105-405?
A common citation format is "Colorado Revised Statutes § 11-105-405" (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 § 11-105-405 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.