Colo. Rev. Stat. § 11-60-103

Current through 11/5/2024 election

Section 11-60-103 - Lawful investments - international banks

It is lawful, notwithstanding any restrictions on investments contained in any of the laws of this state, for any bank, trust company, savings bank, savings and loan association, insurance company, credit union, or person, including but not limited to those doing business under any banking, insurance, deposit, fiduciary, or investment laws of the United States or of any of the states thereof, to invest any funds in its, his, or their custody, control, or possession in the obligations of the international bank for reconstruction and development, the inter-American development bank, the Asian development bank, or the African development bank.

C.R.S. § 11-60-103

L. 57: p. 521, § 3. CRS 53: § 83-3-3. C.R.S. 1963: § 83-3-3. L. 67: p. 564, § 1. L. 69: p. 690, § 1. L. 88: Entire section amended, p. 462, § 1, effective July 1. L. 89: Entire section amended, p. 1107, § 10, effective July 1.