Title 11, Financial Institutions
0 chapters · 699 sections in this title.
Colo. Rev. Stat. § 11-59-101 Short title
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This article shall be known and may be cited as the Colorado Municipal Bond Supervision Act. Source: L. 91: Entire article added, p. 2404, � 1, effective January 1, 1992.
Colo. Rev. Stat. § 11-59-102 Legislative declaration
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(1) The general assembly finds that: (a) The financial reputation and integrity of all local governments and political subdivisions are a matter of statewide concern; (b) There is a growing concern statewide with special districts and municipal and county improvement districts th…
Colo. Rev. Stat. § 11-59-103 Definitions
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As used in this article 59, unless the context otherwise requires: (1) Appraisal shall have the same meaning as provided in section 12-10-602 (1). (2) Bond means any bond, debenture, or other obligation authorized to be issued by any special district, municipal general improvemen…
Colo. Rev. Stat. § 11-59-104 General powers of securities commissioner
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(1) The securities commissioner is hereby empowered to administer and enforce all provisions of this article and to provide the division with such books, records, files, and printing and other supplies and such officers and clerical and other assistance as may be necessary in the…
Colo. Rev. Stat. § 11-59-105 Colorado municipal bond supervision advisory board - creation. (Repealed)
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C.R.S. 11-59-105Statutes current through Chapter 65 of the 2026 Regular Session, effective as of April 20, 2026. The text of this section is not final. It will not be final until compared to, and updated from, the text provided by the Colorado Office of Legislative Legal Services…
Colo. Rev. Stat. § 11-59-106 Requirement for registration of district bonds
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It is unlawful for any district to issue bonds or for any other person to make a distribution of such bonds unless they are first registered with the securities commissioner under section 11-59-108 or unless the issuance of bonds is exempted under section 11-59-110. Source: L. 91…
Colo. Rev. Stat. § 11-59-107 General registration provisions
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(1) An application for registration of bonds may be filed by the district proposing to issue the bonds or a broker-dealer licensed or exempt under article 51 of this title acting on behalf of such district. (2) Every application for registration shall be accompanied by a fee, whi…
Colo. Rev. Stat. § 11-59-108 Registration of bonds
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(1) An issuance of bonds may be registered by a district under this article. (2) An application for registration of bonds under this section shall contain full and fair disclosure of all material facts respecting the bonds offered, including the following information, shall state…
Colo. Rev. Stat. § 11-59-109 Denial, suspension, or revocation of registration
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(1) The securities commissioner may issue a stop order denying effectiveness to, or suspending or revoking the effectiveness of, any application for registration, if the securities commissioner finds that the order is in the public interest and any one of the following grounds ex…
Colo. Rev. Stat. § 11-59-110 Exemptions from registration
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(1) Subject to the requirements of subsection (2) of this section, the following issues of bonds by a district are exempted from all of the provisions of sections 11-59-104 and 11-59-106: (a) Bonds issued on or before December 31, 1991; (b) Any issue of general obligation bonds w…
Colo. Rev. Stat. § 11-59-111 Unlawful representation concerning registration or exemption
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(1) Neither the fact that an application for registration has been filed nor the fact that an application for registration has become effective constitutes a finding by the securities commissioner that any document filed under this article is true, is complete, and is not mislead…
Colo. Rev. Stat. § 11-59-112 Misleading filing
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It is unlawful for any person to make or cause to be made, in any document filed with the securities commissioner or in any proceeding under this article, any statement which the person knows or has reasonable grounds to know is, at the time and in light of the circumstances unde…
Colo. Rev. Stat. § 11-59-113 Investigations - subpoenas
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(1) The securities commissioner may make such public and private investigations within or outside of this state as the securities commissioner deems necessary to determine whether any person has violated or is about to violate any provision of this article or any rule or order un…
Colo. Rev. Stat. § 11-59-114 Enforcement by injunction
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(1) Whenever it appears to the securities commissioner upon sufficient evidence satisfactory to the securities commissioner that any person has engaged in or is about to engage in any act or practice constituting a violation of any provision of this article or of any rule or orde…
Colo. Rev. Stat. § 11-59-115 Criminal and civil penalties and damages
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(1) Any person who willfully violates the provisions of section 11-59-112 commits a class 3 felony and shall be punished as provided in section 18-1.3-401, C.R.S. (2) Any person who willfully violates any of the provisions of this article 59, other than section 11-59-112, or any …
Colo. Rev. Stat. § 11-59-116 Administrative proceedings
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Any administrative proceeding under this article shall be conducted pursuant to the provisions of section 24-4-105, C.R.S. The securities commissioner may refer the conduct of any administrative proceeding to an administrative law judge pursuant to part 10 of article 30 of title …
Colo. Rev. Stat. § 11-59-117 Judicial review of orders
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(1) Any person claiming to be aggrieved by a final order of the securities commissioner, including a refusal to issue an order, may obtain judicial review thereof, and the securities commissioner may obtain an order of court for its enforcement in a proceeding as provided in this…
Colo. Rev. Stat. § 11-59-118 Interpretation and interpretive opinions
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(1) The provisions and rules of this article shall be coordinated with the provisions and rules of article 51 of this title to the extent that such coordination is consistent with both the purposes and provisions of this article. (2) The securities commissioner may, in such commi…
Colo. Rev. Stat. § 11-59-119 Collection of fees - division of securities cash fund
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(1) A fee payable under this article shall be deemed paid when the securities commissioner receives the payment. (2) The securities commissioner shall transmit all fees collected under this article to the state treasurer, who shall credit the same to the division of securities ca…
Colo. Rev. Stat. § 11-59-120 Effective date
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The rule-making authority of the securities commissioner and the provisions of section 11-59-104 (1) take effect July 1, 1991, and, unless otherwise provided, all other provisions of this article 59 take effect January 1, 1992. Source: L. 91: Entire article added, p. 2422, � 1, e…