Federal Deposit Insurance Corporation, a United States Corporation v. Bank of Boulder, a Colorado Corporation

I concur in the court’s decision that Colo. Rev.Stat. § 11-5-106(1)1 (Supp.1989) does not operate to make this letter of credit (documentary credit) assignable from FDIC-receiver to FDIC-corporation given the express provision against such assignment contained in the UCP and Colo.Rev. *1478Stat. § 4-5-116(1)2 (1974). The two statutes speak to different subjects, and do not conflict if § 11-5-106(1) is read as a rule of administration rather than a substantive rule of property controlling the assignment of bank assets. See Moran v. Carlstrom, 775 P.2d 1176, 1182-83 (Colo.1989) (court should…