There is a newer version of the Colorado Revised Statutes
2016 Colorado Revised Statutes
Title 11 - Financial Institutions
Banks
Article 105 - Banking Practices
Part 3 - Reserves, Loans, and Investments
§ 11-105-303. Corporate powers - interest and charges
CO Rev Stat ยง 11-105-303 (2016) What's This?
In addition to the general corporate powers granted by this code, a state bank has the power, subject to the limitations and restrictions imposed by this code and the rules of the banking board, to lend money either upon the security of real property or personal property, or otherwise; to charge, or to receive in advance, interest therefor; and to contract for a charge for a secured or unsecured installment loan.
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