Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 11-109-304 - Capital — Colorado Law | CourtGPT
  1. Home/
  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 109 - Trust Companies/
  8. Part 3 - Charters/
  9. Section 11-109-304 - Capital
Colorado Legal Code

Section 11-109-304 - Capital

Ask AI about this
(1) The banking board shall establish by rules the capital standards and guidelines, the methods for measuring capital, and the definitions of 'capital', 'capital adequacy', 'capital inadequacy', and other related terms for trust companies subject to this article, which may differ for specific purposes. In promulgating such rules, the banking board shall consider all relevant factors, including without limitation the policies set forth in section 11-101-102 and relevant federal laws and regulations.(2) Each trust company subject to this article shall at all times comply with the capital rules promulgated by the banking board.L. 2003: Entire article added with relocations, p. 1186, § 3, effective July 1.This section is similar to former § 11-23-106 as it existed prior to 2003.