Colorado Statutes
§ 11-105-403 — Sale of assets
A bank chartered in this or another state may
sell any asset in the ordinary course of business or, with the approval of the banking
board, in any other circumstance. The sale of all, or substantially all, of the assets
of a bank or of a department thereof is governed by section 11-103-709.
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Legislative History
Source: L. 2003: Entire article added with relocations, p. 1125, � 3, effective
July 1. L. 2013: Entire section amended, (SB 13-154), ch. 282, p. 1466, � 13, effective
July 1.
Nearby Sections
15
§ 11-10.5-101
Short title§ 11-10.5-102
Legislative declaration§ 11-10.5-103
Definitions§ 11-10.5-104
Applicability of article§ 11-10.5-105
Authority of banking board§ 11-10.5-107
Eligible collateral - uninsured public deposits§ 11-10.5-109
Verification of collateral held - reports required§ 11-10.5-110
Procedures when event of default occurs§ 11-10.5-112
Annual fees and assessments§ 11-101-101
Short title§ 11-101-102
Declaration of policy§ 11-101-201
Effect on existing banks§ 11-101-301
Application of code§ 11-101-302
No private right of action