Shares may be purchased and held absolutely by or in trust for any person, partnership, association, corporation, or trustee. Certificates shall be issued to each purchaser of shares at the time of making full or initial payment thereon, and at the same time share account books shall be issued to purchasers of savings shares.
Source: L. 33: pp. 312-317, §§ 1-6. CSA: C. 25, § 19. L. 39: p. 248, § 19. L. 43: p. 202, § 4. CRS 53: § 122-3-2. L. 55: p. 761, § 6. C.R.S. 1963: § 122-3-2.
Structure Colorado Code
Title 11 - Financial Institutions
§ 11-42-101. Investment and Savings Shares
§ 11-42-102. Preliminary Requirements
§ 11-42-103. Contents of Certificate - Accounts
§ 11-42-104. Participating and Limited Dividend Shares
§ 11-42-105. Responsibility for Losses - Extent
§ 11-42-106. Transfer of Shares
§ 11-42-108. Assessment to Restore Impaired Permanent Stock
§ 11-42-109. Sale of Delinquent Stock
§ 11-42-110. Forfeiture of Delinquent Stock
§ 11-42-111. Reserves and Distribution of Earnings
§ 11-42-112. Requirements for Sale of Permanent Stock
§ 11-42-113. Redemption of Shares or Stock
§ 11-42-115. Power to Issue Shares to Minors or in Trust
§ 11-42-117. Notice of Intention to Withdraw
§ 11-42-120. Shares or Account Not Withdrawable
§ 11-42-121. Payment of Withdrawals
§ 11-42-122. Limitation on Withdrawals
§ 11-42-124. Applicable to Previously Issued Certificates
§ 11-42-125. Associations Authorized to Accept Deposit Accounts