Colorado § 11-107-111 - General corporation laws applicable.

§ 11-107-111. General corporation laws applicable.

The provisions of articles 30 to 52, 101 to 117, and 121 to 137 of title 7, C.R.S., relating to corporations and nonprofit corporations shall, insofar as the same are not inconsistent with this code, govern corporations and nonprofit corporations operating under the provisions of this code.

Source: L. 2003: Entire article added with relocations, p. 1137, § 3, effective July 1.

Editor's note: This section is similar to former § 11-11-110 as it existed prior to 2003.

ARTICLE 108

Industrial Banks

11-108-101 to 11-108-803. (Repealed)

Source: L. 2013: Entire article repealed, (SB 13-154), ch. 282, p. 1464, § 4, effective July 1.

Editor's note: This article was added in 2003. For amendments to this article prior to its repeal in 2013, consult the 2012 Colorado Revised Statutes and the Colorado statutory research explanatory note beginning on page vii in the front of this volume.

ARTICLE 109

Trust Companies

PART 1

GENERAL PROVISIONS

11-109-101. Definitions.

11-109-102. Use of words "trust" or "trust company".

11-109-103. Applicability of powers of banking board and bank commissioner to trust companies.

11-109-104. Powers - banking board - commissioner.

11-109-105. No private right of action.

PART 2

POWERS

11-109-201. Powers of trust companies.

11-109-202. Offices of trust companies.

11-109-203. Activities not requiring a charter.

11-109-204. Federal deposit insurance required.

11-109-205. Transactions with affiliates.

11-109-206. Trust company organized as a limited liability company.

PART 3

CHARTERS

11-109-301. Incorporators.

11-109-302. Application fee.

11-109-303. Assessments.

11-109-304. Capital.

11-109-305. Application for charter.

11-109-306. Procedure for granting or denying charter.

PART 4

RECORDS, REPORTING, AND INFORMATION

11-109-401. Acquisition of majority control over an existing trust company - definitions.

11-109-402. Reports to the banking board and to the commissioner - penalty - rules.

PART 5

DIRECTORS

11-109-501. Directors' meetings - duties.

11-109-502. Director and officer insurance and fidelity bonds - legislative declaration.

PART 6

OFFENSES, PENALTIES, REMOVAL, SUSPENSION, AND ENFORCEMENT

11-109-601. Penalty for noncompliance with the law.

11-109-602. Assessment of civil money penalties by banking board.

11-109-603. No indemnification or insurance against civil money penalties.

11-109-604. Removal of director, officer, or other person.

11-109-605. Suspension of director, officer, or other person.

11-109-606. Informal enforcement authority.

11-109-607. Receipt of deposits while insolvent.

PART 7

LIQUIDATION, DISSOLUTION, AND EMERGENCY CHARTERS

11-109-701. Discontinuance of trust business - voluntary liquidation and dissolution.

11-109-702. Involuntary liquidation.

11-109-703. Emergency grant of new charter.

11-109-704. Liquidation by commissioner - procedure.

PART 8

APPEALS

11-109-801. Appeals procedure.

11-109-802. Injunctions - appeals.

PART 9

TRUST PRACTICES

11-109-901. Reserves against deposits.

11-109-902. Investments.

11-109-903. Substitution of trust companies.

11-109-904. Laws governing individuals apply.

11-109-905. Separation of fiduciary funds.

11-109-906. Funds awaiting investment or distribution.

11-109-907. Extensions of credit.

11-109-908. Fiduciary accounts - duties of trust companies - rules.

PART 10

PRIVATE FAMILY TRUST COMPANIES

11-109-1001 to

11-109-1007. (Repealed)

PART 1

GENERAL PROVISIONS