Custodian as fiduciary

Colo. Rev. Stat. § 15-1-507, under FIDUCIARY PROPERTY - DEPOSITORY NOMINEES.

Colo. Rev. Stat. § 15-1-507

For purposes of this part 5, a bank or trust company acting as custodian shall be deemed to be a fiduciary, and property held in custody by a bank or trust company shall be deemed to be fiduciary property.

Source: L. 77: Entire part R&RE, p. 827, § 1, effective July 1.