Colorado Statutes
§ 4-9-106 — Control of investment property
(a)A person has control of a
certificated security, uncertificated security, or security entitlement as provided in
section 4-8-106.
(b)A secured party has control of a commodity contract if:
(1)The secured party is the commodity intermediary with which the
commodity contract is carried; or
(2)The commodity customer, secured party, and commodity intermediary
have agreed that the commodity intermediary will apply any value distributed on
account of the commodity contract as directed by the secured party without further
consent by the commodity customer.
(c)A secured party having control of all security entitlements or commodity
contracts carried in a securities account or commodity account has control over the
securities account or commodity account.
Free access — add to your briefcase to read the full text and ask questions with AI
Colorado § 4-9-106 (Control of investment property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 2001: Entire article R&RE, p. 1329, � 1, effective July 1.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith