Colorado § 11-106-107 - Funds awaiting investment or distribution.
Full text of Colorado Colorado Revised Statutes § 11-106-107 — Funds awaiting investment or distribution., with citation guidance and answers to common questions.
§ 11-106-107. Funds awaiting investment or distribution.
A bank's duties regarding the holding of uninvested or undistributed funds that are awaiting investment or distribution are governed by the "Colorado Uniform Prudent Investor Act", article 1.1 of title 15, C.R.S., the "Uniform Prudent Management of Institutional Funds Act", part 11 of article 1 of title 15, C.R.S., and applicable standards and requirements imposed by the federal deposit insurance corporation.
Source: L. 2013: Entire section added, (SB 13-154), ch. 282, p. 1467, § 17, effective July 1.
ARTICLE 107
Criminal Offenses
11-107-101. Unauthorized conduct of banking business.
11-107-102. Receipt of deposits while insolvent.
11-107-103. Unlawful service as officer or director.
11-107-104. Unlawful gratuity, compensation, or transactions.
11-107-105. Unlawful concealment of transactions.
11-107-106. Unlawful payment of penalties and judgment against others.
11-107-107. Embezzlement or misapplication of funds.
11-107-108. Unlawful acts or omissions - penalties.
11-107-109. Unlawful acts or failure to perform - penalty.
11-107-110. Injunction.
11-107-111. General corporation laws applicable.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-106-107
What does Colorado Revised Statutes § 11-106-107 cover?
Section 11-106-107 ("Funds awaiting investment or distribution.") 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 § 11-106-107?
A common citation format is "Colorado Revised Statutes § 11-106-107" (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 § 11-106-107 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.