Colo. Rev. Stat. § 11-111-103
Scope - choice of law - forum
Colorado · Colorado Revised Statutes Title 11 — Financial Institutions · Status: effective
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- Citation
- Colo. Rev. Stat. § 11-111-103, Scope - choice of law - forum, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2289986
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Full text
(1) This article 111 applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this article 111, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this state.
(2) The parties to an account agreement may choose a forum in this state for settling a dispute arising out of the special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this state.
(3) This article 111 does not affect:
(a) A right or obligation relating to a deposit other than a special deposit under this article 111; or
(b) The voidability of a deposit or transfer that is fraudulent or voidable under other law.