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Section 11-109-901 - Reserves against deposits — Colorado Law | CourtGPT
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  4. Title 11 - Financial Institutions Banks and Industrial Banks (§§ 11-1-101 — 11-24-107)banking Code (§§ 11-1-101 — 11-11-101)/
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  7. Article 109 - Trust Companies/
  8. Part 9 - Trust Practices/
  9. Section 11-109-901 - Reserves against deposits
Colorado Legal Code
Trust companies that are subject to reserve provisions of the 'Federal Reserve Act' shall maintain such reserves against deposits as may be required by the 'Federal Reserve Act', but, in addition thereto, the banking board may by rule impose reserve requirements that it deems prudent and sound on trust companies, including trust companies not subject to reserve provisions of the 'Federal Reserve Act'. In promulgating these rules, the banking board shall consider all relevant factors, including without limitation, the factors set forth in section 11-101-102.L. 2003: Entire article added with relocations, p. 1203, § 3, effective July 1.This section is similar to former § 11-23-109.5 as it existed prior to 2003. For the 'Federal Reserve Act', see 12 U.S.C. § 221 et seq.

Section 11-109-901 - Reserves against deposits

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