Colorado § 11-105-604 - Subsidiary depository institutions as agent.
Full text of Colorado Colorado Revised Statutes § 11-105-604 — Subsidiary depository institutions as agent., with citation guidance and answers to common questions.
§ 11-105-604. Subsidiary depository institutions as agent.
(1) Any bank subsidiary of a bank holding company may receive deposits, renew time deposits, close loans, service loans, and receive payments on loans and other obligations as an agent for an affiliate financial institution, as such authority is set forth in section 101(d) of the federal "Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994". Notwithstanding any other provision of law, a bank acting as an agent in accordance with this subsection (1) for an affiliate financial institution shall not be considered to be a branch of the affiliate.
(2) Any contract entered into pursuant to section 11-25-105 as it existed prior to July 1, 1995, shall remain valid and in effect according to the terms of the contract and any subsequent agreement of the contracting financial institutions.
Source: L. 2003: Entire article added with relocations, p. 1132, § 3, effective July 1.
Editor's note: This section is similar to former § 11-25-105 as it existed prior to 2003.
Cross references: For the federal "Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994", see Pub.L. 103-328, codified at 12 U.S.C. § 1811 et seq.; for section 101(d) of the act, see 12 U.S.C. § 1828.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-105-604
What does Colorado Revised Statutes § 11-105-604 cover?
Section 11-105-604 ("Subsidiary depository institutions as agent.") 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 § 11-105-604?
A common citation format is "Colorado Revised Statutes § 11-105-604" (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 § 11-105-604 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.