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Home » US Law » 2022 Colorado Code » Title 11 - Financial Institutions » Article 55 - Uniform Facsimile Signature of Public Officials Act

§ 11-55-101. Short Title

Sections 11-55-101 to 11-55-106 shall be known and may be cited as the “Uniform Facsimile Signature of Public Officials Act”. Source: L. 69: R&RE, p. 1082, § 1. C.R.S. 1963: § 125-6-1.

§ 11-55-102. Definitions

As used in this article, unless the context otherwise requires: “Authorized officer” means any official of this state or any of its departments, agencies, institutions, or other instrumentalities, or any of its political subdivisions, whose signature to a public security or instrument of payment is required or permitted. “Facsimile signature” means a reproduction by engraving, […]

§ 11-55-103. Facsimile Signature

Any authorized officer, after filing with the secretary of state his manual signature certified by him under oath, may execute or cause to be executed with a facsimile signature in lieu of his manual signature: Any public security, but at least one signature required or permitted to be placed thereon shall be manually subscribed; and […]

§ 11-55-104. Use of Facsimile Seal

When the seal of this state or of any of its departments, agencies, institutions, or other instrumentalities, or of any of its political subdivisions, is required in the execution of a public security or instrument of payment, the authorized officer may cause the seal to be printed, engraved, stamped, or otherwise placed in facsimile thereon. […]

§ 11-55-105. Violation – Penalty

Any person who with intent to defraud uses on a public security or an instrument of payment: A facsimile signature, or any reproduction of it, of any authorized officer; or any facsimile seal, or any reproduction of it, of this state or any of its departments, agencies, institutions, or other instrumentalities, or of any of […]

§ 11-55-106. Uniformity of Interpretation

This article shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-6.

§ 11-55-107. Limitations on Actions Brought

No action based upon any public security authorized and issued on or after July 1, 1969, shall be commenced more than eighteen years after the final maturity date of the issue of which such public security is one. No action based upon any public security issued prior to July 1, 1969, shall be commenced more […]

§ 11-55-108. Trust or Fiduciary Relationship Between Issuer and Holder

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 […]

§ 11-55-109. Moneys to Revert to General or Other Fund

Any public moneys from whatever source derived remaining in any fund or account reserved, pledged, or otherwise held for payment of the principal of or interest on any public security on which action for collection has been barred shall revert to the general fund of the issuing authority. Source: L. 69: R&RE, p. 1083, § […]

§ 11-55-110. Payment Authorized Although Suit for Recovery Barred

Nothing contained in sections 11-55-107 to 11-55-110 shall be so construed as to prevent the payment of any public security, or the interest having accrued thereon prior to or at its maturity, after the period specified in section 11-55-107 has passed, and the issuing body of such public security is authorized by sections 11-55-107 to […]