Colorado Statutes

§ 11-46-101 — Definitions

Colorado·Title 11 Financial·Art. Safe Deposit Facilities

As used in this article, unless the context otherwise requires:

(1)Fiduciary means any person as defined in section 15-1-103 (2), C.R.S.
(2)Lease means the contract between lessor and lessee governing the use, payment, and other terms and conditions with regard to a safe deposit box.
(3)Lessee means a person contracting with a lessor for the use of a safe deposit box.
(4)Lessor means any association defined in section 11-46-102 which maintains safe deposit facilities.
(5)Person means any natural person, partnership, whether limited or general, corporation, or entity leasing a safe deposit box.
(6)Safe deposit box means any vault, box, receptacle, or other safekeeping facility maintained by a lessor for lease to third persons.

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Legislative History

Source: L. 59: p. 664, � 7. CRS 53: � 122-8-2. C.R.S. 1963: � 122-7-2.

Nearby Sections

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