Colorado Statutes
§ 11-109-304 — Capital
(1)The banking board shall establish by rules the
capital standards and guidelines, the methods for measuring capital, and the
definitions of capital, capital adequacy, capital inadequacy, and other related
terms for trust companies subject to this article, which may differ for specific
purposes. In promulgating such rules, the banking board shall consider all relevant
factors, including without limitation the policies set forth in section 11-101-102 and
relevant federal laws and regulations.
(2)Each trust company subject to this article shall at all times comply with
the capital rules promulgated by the banking board.
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Legislative History
Source: L. 2003: Entire article added with relocations, p. 1186, � 3, 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