Colorado § 11-30-113 Minors

Colorado Statutes

§ 11-30-113 — Minors

Colorado § 11-30-113

Title 11Financial

Art.Credit Unions - General Provisions

This text of Colorado § 11-30-113 (Minors) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 11-30-113 (2026).

Text

Shares may be issued and deposits received in the name
of a minor. A member who is a minor may withdraw or pledge any shares owned by
the minor and receive from the credit union any dividends or other money at any
time the dividends or other money becomes due, in the same manner and subject to
the same conditions as an adult, and any receipt or acquittance signed by the minor
constitutes a valid release and discharge to the credit union for the payment of
such money. The board of directors of the credit union may provide in the bylaws of
the credit union a minimum age of any minor to be eligible for membership in the
credit union and to vote at any meeting of the members.

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Shares may be issued and deposits received in the name
of a minor. A member who is a minor may withdraw or pledge any shares owned by
the minor and receive from the credit union any dividends or other money at any
time the dividends or other money becomes due, in the same manner and subject to
the same conditions as an adult, and any receipt or acquittance signed by the minor
constitutes a valid release and discharge to the credit union for the payment of
such money. The board of directors of the credit union may provide in the bylaws of
the credit union a minimum age of any minor to be eligible for membership in the
credit union and to vote at any meeting of the members.

Legislative History

Source: L. 31: p. 302, � 13. CSA: C. 47, � 13. L. 41: p. 376, � 13. CRS 53: � 38-1-13. C.R.S. 1963: � 38-1-13. L. 67: p. 320, � 11. L. 2024: Entire section amended, (HB 24-1381), ch. 350, p. 2367, � 15, effective August 7.