Colorado Code § 11-111-106

Permissible purpose
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(1) A special deposit must serve at least one
permissible purpose stated in the account agreement from the time the special deposit is created
in the account agreement until termination of the special deposit.
(2) If, before termination of the special deposit, the bank or a court determines the
special deposit no longer satisfies subsection (1) of this section, sections 11-111-108 to 11-111-
111 cease to apply to any funds deposited in the special deposit after the special deposit ceases to
satisfy subsection (1) of this section.
(3) If, before termination of a special deposit, the bank determines the special deposit no
longer satisfies subsection (1) of this section, the bank may take action it believes is necessary
under the circumstances, including terminating the special deposit.

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