Report of condition

Colo. Rev. Stat. § 11-110-701, under Financial Institutions.

Colo. Rev. Stat. § 11-110-701

(1) Each licensee shall submit a report of condition to the banking board within forty-five days after the end of a calendar quarter or within any extended time as the board by rule may prescribe.

(2) The report of condition must include:

(a) Financial information at the licensee level;

(b) Nationwide and state-specific money transmission transaction information in every jurisdiction in the United States where the licensee is licensed to engage in money transmission;

(c) A permissible investments report;

(d) Transaction destination country reporting for money received for transmission, if applicable; and

(e) Any other information the banking board reasonably requires with respect to the licensee.

(3) The information required by subsection (2)(d) of this section shall only be included in a report of condition submitted within forty-five days after the end of the fourth calendar quarter.

Source: L. 2025: Entire article R&RE, (HB 25-1201), ch. 91, p. 397, � 1, effective August 6.