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Section 11-106-104 - Agency powers — Colorado Law | CourtGPT
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  2. Laws/
  3. Colorado/
  4. Title 11 - Financial Institutions Banks and Industrial Banks (§§ 11-1-101 — 11-24-107)banking Code (§§ 11-1-101 — 11-11-101)/
  5. Banks - When/
  6. Colorado Banking Code/
  7. Article 106 - Fiduciary Business/
  8. Section 11-106-104 - Agency powers
Colorado Legal Code

Section 11-106-104 - Agency powers

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In addition to its other powers, any bank that is authorized to exercise fiduciary powers shall, upon proper qualification under this code, have the power to act as a fiduciary in any capacity. It may also act as registrar, transfer agent, or attorney-in-fact and have the power to receive, manage, and apply sinking funds.L. 2003: Entire article added with relocations, p. 1133, § 3, effective July 1.This section is similar to former § 11-10-104 as it existed prior to 2003.