# C.R.S. § 11-105-501: 11-105-501. Safe deposit boxes - leasing and subsidiary company

> Colorado · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CO_T11_A105_P5_S11-105-501

## Section

- **Citation:** C.R.S. § 11-105-501
- **Heading:** 11-105-501. Safe deposit boxes - leasing and subsidiary company
- **Jurisdiction:** Colorado
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** CO Code / Title 11 / Article 105 / Part 5 / Section 11-105-501

## Text

11-105-501. Safe deposit boxes - leasing and subsidiary company. (1) Subject to such rules as the banking board may prescribe, a bank may maintain and lease safe deposit boxes and may accept property for safekeeping if, except in the case of night depositories, it issues a receipt therefor.

(2) A bank may own stock in a safe deposit company located in the same community in which the bank is doing business, not exceeding in aggregate cost fifteen percent of its capital and surplus, but at least ninety percent of the stock in such safe deposit company in which such stock is so owned must be owned by banks or trust companies.

## Nearby sections

- [C.R.S. § 11-105-501 11-105-501. Safe deposit boxes - leasing and subsidiary company](https://www.frixlaw.com/law-library/statutes/STATE_CO_T11_A105_P5_S11-105-501.md)
- [C.R.S. § 11-105-502 11-105-502. Access by fiduciaries](https://www.frixlaw.com/law-library/statutes/STATE_CO_T11_A105_P5_S11-105-502.md)
- [C.R.S. § 11-105-503 11-105-503. Lease to minor](https://www.frixlaw.com/law-library/statutes/STATE_CO_T11_A105_P5_S11-105-503.md)
- [C.R.S. § 11-105-504 11-105-504. Death of lessee - procedure](https://www.frixlaw.com/law-library/statutes/STATE_CO_T11_A105_P5_S11-105-504.md)
- [C.R.S. § 11-105-505 11-105-505. Adverse claims to safe deposit box](https://www.frixlaw.com/law-library/statutes/STATE_CO_T11_A105_P5_S11-105-505.md)
- [C.R.S. § 11-105-506 11-105-506. Annual fees](https://www.frixlaw.com/law-library/statutes/STATE_CO_T11_A105_P5_S11-105-506.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CO_T11_A105_P5_S11-105-501. Check the current official text before relying on it. Not legal advice.