Enforcement of directors' liability

Colo. Rev. Stat. § 11-103-807, under Financial Institutions.

Colo. Rev. Stat. § 11-103-807

Among its other powers, the federal deposit insurance corporation, in the performance of its powers and duties as such liquidator, has the right and power, upon the order of a court of record of competent jurisdiction, to enforce the individual liability of the directors of any such banking institution.

Source: L. 2003: Entire article added with relocations, p. 1108, � 3, effective July 1.

Editor's note: This section is similar to former � 11-5-107 as it existed prior to 2003.