Any trust or fiduciary relationship between the issuer of any public security and the holder thereof, regarding the principal of or interest on such security, shall be conclusively presumed to have been repudiated on the maturity date of such security unless the same is presented for payment before the expiration of the applicable limitation period set forth in sections 11-55-107 to 11-55-110.
Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-8.
Structure Colorado Code
Title 11 - Financial Institutions
Article 55 - Uniform Facsimile Signature of Public Officials Act
§ 11-55-103. Facsimile Signature
§ 11-55-104. Use of Facsimile Seal
§ 11-55-105. Violation - Penalty
§ 11-55-106. Uniformity of Interpretation
§ 11-55-107. Limitations on Actions Brought
§ 11-55-108. Trust or Fiduciary Relationship Between Issuer and Holder
§ 11-55-109. Moneys to Revert to General or Other Fund
§ 11-55-110. Payment Authorized Although Suit for Recovery Barred