Colorado Statutes

§ 38-37-113 — Checking account - custodial funds

Colorado·Title 38 Property -·Art. Office of Public Trustee
(1)In the performance of his or her duties under this article and article 38 of this title, the public trustee of each county shall have the authority to establish and manage one or more of the following accounts: An automated clearing house account, checking account, escrow account, custodial account, similar banking services, or similar overnight depository account with a bank or savings and loan association that is an eligible public depository under the Public Deposit Protection Act, article 10.5 of title 11, C.R.S., or the Savings and Loan Association Public Deposit Protection Act, article 47 of title 11, C.R.S. A public trustee may also participate in local government investment pool trust funds as described in part 7 of article 75 of title 24, C.R.S., and invest public fu

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Legislative History

Source: L. 2002: Entire section added, p. 1333, � 5, effective July 1. L. 2006: (1) amended, p. 560, � 4, effective August 7; (1) and (2) amended, p. 1437, � 5, effective January 1, 2008.

Nearby Sections

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