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2017 Colorado Revised Statutes
Title 15 - Probate, Trusts, and Fiduciaries
Fiduciary
Article 1 - Fiduciary
Part 5 - Fiduciary Property - Depository Nominees
§ 15-1-504. Holding of securities by fiduciary or depository of fiduciary property
Universal Citation: CO Rev Stat ยง 15-1-504 (2017)
Any bank or trust company or clearing corporation acting as a fiduciary or depository of fiduciary property may merge and hold securities held as fiduciary property, without certification as to ownership attached, with other securities held as fiduciary property, in one or more certificates representing securities of the same class of the same issuer. Ownership of such securities may be transferred by bookkeeping entry on the books of the fiduciary or of the depository without physical delivery of certificates representing such securities.
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