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Colo. Rev. Stat. § 11-106-101 Bank as fiduciary
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It shall be unlawful for a state bank to act as fiduciary, other than as escrow agent, unless it is authorized by its charter or amendments thereto to exercise trust powers. Source: L. 2003: Entire article added with relocations, p. 1133, § 3, effective July 1.
Colo. Rev. Stat. § 11-106-102 Investment power
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A bank acting as fiduciary shall have the same investment powers as an individual fiduciary under like circumstances. Source: L. 2003: Entire article added with relocations, p. 1133, § 3, effective July 1.
Colo. Rev. Stat. § 11-106-103 General fiduciary powers
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Unless otherwise expressly provided by statute, a bank acting as a fiduciary shall have all of the rights, powers, privileges, and immunities and be subject to the same obligations and duties as an individual fiduciary under like circumstances. Source: L. 2003: Entire article add…
Colo. Rev. Stat. § 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 t…