WSP10035

• File Number: 8054.100
• Description: Water Salvage - Water Salvage Study - HB 91-1154
• State: CO
• Basin: Statewide
• Date: 5/8/1991
• Author: Unknown
• Title: Background Documents and Information 1991 - Senate Journal - 58 th General Assembly - State of Colorado - May 8 1991
• Water Supply Pro - Doc Type: Publication

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Senate Journal-120th Day-May 8, 1991

S.B. 91-14 CONTRARY, A TITLE INSURANCE AGENT OR TITLE INSURANCE COMPANY
(Cont.) SHALL OBTAIN A CERTIFICATE OF TAXES DUE OR ,OTHER EQUIVALENT
DOCUMENTATION FROM' THE COUNTY TREASURER OR THE COUNTY
TREASURER'S AUTHORIZED AGENT.".

Page 3, after line la, Insert the following:

"SECTION 2. 32-1-103, Colorado Rev1sed Statutes, as
amended, Is amended BY THE ADDITION OF THE FOLLOWING NEW
SUBSECTIONS to read:

32-1-203. Definitions. (2.5) "DEPOSITORY INSTITUTION"
MEANS:

(a) A PERSON THAT IS ORGANIZED OR CHARTERED, OR IS OOING
BUSINESS OR HOLDS AN AUTHORIZATION CERTIFICATE, UNDER THE LAWS
OF A STATE OR OF THE UNITED STATES WHICH AUTHORIZE THE PERSON
TO RECEIVE DEPOSITS, INCLUDING DEPOSITS IN SAVINGS, SHARES,
CERTIFICATES, OR OTHER DEPOSIT ACCOUNTS, AND THAT IS
SUPERVISED AND EXAMINED FOR THE PROTECTION OF DEPOSITORS BY AN
OFFICIAL OR AGENCY OF A STATE OR THE UNITED STATES; AND

(b) A TRUST COMPANY OR OTHER INSTITUTION THAT IS
AUTHORIZED BY FEDERAL OR STATE LAW TO EXERCISE FIDUCIARY
POWERS OF THE TYPE A NATIONAL BANK, IS PERMITTED TO EXERCISE
UNDER THE AUTHORITY OF THE COMPTROLLER OF THE CURRENCY, AND IS
SUPERVISED AND EXAMINED BY AN OFFICIAL OR AGENCY OF A STATE OR
THE UNITED STATES. THE TERM OOES NOT INCLUDE AN INSURANCE
COMPANY OR OTHER ORGANIZATION PRIMARILY ENGAGED IN THE
INSURANCE BUSINESS.

(6.5) "FINANCIAL INSTITUTION OR INSTITUTIONAL INVESTOR"
MEANS ANY OF THE FOLLOWING, WHETHER ACTING FOR ITSELF OR
OTHERS IN A FIDUCIARY CAPACITY,

(a) A DEPOSITORY INSTITUTION;

(b) AN INSURANCE COMPANY;

(c) A SEPARATE ACCOUNT OF AN INSURANCE COMPANY;

(d) AN INVESTMENT COMPANY REGISTERED UNDER THE FEDERAL
"INVESTMENT COMPANY ACT OF 1940";

(e) A BUSINESS DEVELOPMENT COMPANY AS DEFINED IN THE
FEDERAL "INVEStMENT COMPANY ACT OF 1940";

(f) ANY PRIVATE BUSINESS DEVELOPMENT COMPANY AS DEFINED
IN THE FEDERAL "INVEStMENT COMPANY ACT OF 1940";

(g) AN EMPLOYEE PENSION, PROFIT-SHARING, OR BENEFIT PLAN
IF THE PLAN HAS TOTAL ASSETS IN EXCESS OF FIVE MILLION DOLLARS
OR ITS INVESTMENT DECISIONS ARE MADE BY A NAMED FIDUCIARY, AS
DEFINED IN THE FEDERAL "EMPLOYEE RETIREMENT INCOME SECURITY
ACT OF 1974", THAT IS A BROKER-DEALER REGISTERED UNDER THE
FEDERAL "SECURITIES EXCHANGE ACT OF 1934", AN INVESTMENT
ADVISER REGISTERED OR EXEMPT FROM REGISTRATION UNDER THE
FEDERAL "INVESTMENT ADVISERS ACT OF 1940", A DEPOSITORY
INSTITUTION, OR AN INSURANCE COMPANY;

(h) AN ENTITY, BUT NOT AN INDIVIDUAL, A SUBSTANTIAL PART
OF WHOSE BUSINESS ACTIVITIES CONSIST OF INVESTING, PURCHASING,
SELLING, OR TRADING IN SECURITIES OF MORE THAN ONE ISSUER AND
NOT OF ITS OWN ISSUE AND THAT HAS TOTAL ASSETS IN EXCESS OF
FIVE MILLION DOLLARS AS OF THE END OF ITS LAST FISCAL YEAR;
AND

Page 1793

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