Colorado Statutes
§ 15-1-501 — Fiduciary property kept separate
Every fiduciary shall keep
fiduciary property separate and distinct from such fiduciary's own property and
shall not invest or deposit the same with any person, association, or corporation in
such fiduciary's own name. Except as provided in this part 5, every fiduciary shall
keep the property of each fiduciary account separate and distinct from the property
of every other fiduciary account, and all transactions shall be conducted in such
fiduciary's name as fiduciary.
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Legislative History
Source: L. 77: Entire part R&RE, p. 826, � 1, effective July 1.
Nearby Sections
15
§ 15-1-1001
Legislative declaration§ 15-1-1006
References to Internal Revenue Code of 1954§ 15-1-1007
Application of part 10§ 15-1-101
Short title§ 15-1-102
Legislative declaration§ 15-1-103
Definitions§ 15-1-104
Prior transactions§ 15-1-105
Application of payments to fiduciary§ 15-1-109
Deposit in name of fiduciary