Title 11, Financial Institutions
0 chapters · 699 sections in this title.
Colo. Rev. Stat. § 11-57-212 Limitation of actions
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No legal or equitable action brought with respect to any legislative acts or proceedings in connection with the authorization or issuance of securities by a public entity shall be commenced more than thirty days after the authorization of such securities. Source: L. 2000: Entire …
Colo. Rev. Stat. § 11-57-213 Confirmation of actions and powers
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(1) In its discretion, the public entity may file a petition prior to the issuance of securities under the supplemental public securities act in the district court in any county in which the public entity or a portion thereof is located for a judicial examination and determinatio…
Colo. Rev. Stat. § 11-57-214 Investments
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Income received from any legal investment may be deposited by the public entity in any fund or account that the public entity maintains. Source: L. 2000: Entire part added, p. 139, � 1, effective August 2. L. 2004: Entire section amended, p. 949, � 4, effective May 21.
Colo. Rev. Stat. § 11-58-101 Short title
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This article shall be known and may be cited as the Public Securities Information Reporting Act. Source: L. 91: Entire article added, p. 667, � 1, effective June 1.
Colo. Rev. Stat. § 11-58-102 Legislative declaration
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The general assembly hereby declares that the annual disclosure of financial and credit information for nonrated public securities will benefit both issuers and investors by expanding and stabilizing the market for nonrated public securities and thereby improve the marketability …
Colo. Rev. Stat. § 11-58-103 Definitions
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As used in this article, unless the context otherwise requires: (1) Annual information report means a written report completed on forms prescribed by the director of the department of local affairs. (2) Conduit financing means an outstanding nonrated public security for which a p…
Colo. Rev. Stat. § 11-58-104 Applicability of article
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This article applies to the state, any political subdivision thereof, and any district, board, commission, authority, or other public corporate body in the state if there are at the time outstanding nonrated public securities which such entity has issued to the public or on its b…
Colo. Rev. Stat. § 11-58-105 Annual information report
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Each issuer of nonrated public securities issued pursuant to sections 30-31-109 (13), 31-25-107 (9), and 31-25-807 (3), and title 32, shall make public within sixty days following the end of each of such issuer's fiscal year an annual information report or reports with respect to…
Colo. Rev. Stat. § 11-58-106 Committee to develop standards - cash fund. (Repealed)
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Source: L. 91: Entire article added, p. 669, � 1, effective June 1. L. 96: (3) and (4) repealed, p. 1268, � 190, effective August 7. L. 2002: Entire section repealed, p. 542, � 4, effective October 1.
Colo. Rev. Stat. § 11-58-107 Immunity from liability
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The issuer or any public employee thereof shall be immune from liability for information contained in or omitted from any annual information report concerning a nonrated public security unless the inclusion or omission of such information was willful and wanton for the purpose of…
Colo. Rev. Stat. § 11-58-108 Transfer of moneys to general fund - repeal. (Repealed)
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Source: L. 2002: Entire section added, p. 542, � 3, effective October 1. Editor's note: Subsection (2) provided for the repeal of this section, effective July 1, 2003. (See L. 2002, p. 542.)
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…
Colo. Rev. Stat. § 11-60-101 Definitions
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As used in this article, unless the context otherwise requires: (1) Bank for cooperatives means the corporation known as the central bank for cooperatives and any bank for cooperatives organized and chartered by the governor of the farm credit administration pursuant to the Farm …
Colo. Rev. Stat. § 11-60-102 Debentures - legal investments - federal intermediate credit banks - bank for cooperatives
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It is lawful, notwithstanding any restrictions on investments contained in any of the laws of this state, for any bank, trust company, savings bank, savings and loan association, insurance company, credit union, or person, including but not limited to those doing business under a…
Colo. Rev. Stat. § 11-60-103 Lawful investments - international banks
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It is lawful, notwithstanding any restrictions on investments contained in any of the laws of this state, for any bank, trust company, savings bank, savings and loan association, insurance company, credit union, or person, including but not limited to those doing business under a…
Colo. Rev. Stat. § 11-60-104 Article controlling
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Insofar as the provisions of this article are inconsistent with the provisions of any other law, the provisions of this article are controlling; but nothing in this article shall be construed as modifying part 3 of article 1 of title 15, C.R.S. Source: L. 57: p. 521, � 5. CRS 53:…
Colo. Rev. Stat. § 11-61-101 Gold and silver coin a legal tender
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The gold and silver coin issued by the government of the United States shall be a legal tender for the payment of all debts contracted on or after April 5, 1893, between the citizens of this state. The same shall be received in payment of all debts due to the citizens of this sta…
Colo. Rev. Stat. § 11-61-102 Retailers’ acceptance of United States currency - penalty - definitions
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(1) Except as provided in subsection (2) of this section, a retail establishment offering goods or services for sale shall accept United States currency, including federal reserve notes, from a buyer to purchase the goods or services. (2) (a) This section applies to a retail esta…
Colo. Rev. Stat. § 11-70-101 Trust agreements among a group or association of physicians, dentists, or health-care institutions authorized
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(1) There is hereby authorized the establishment, maintenance, administration, and operation of any trust, established by agreement of any group or association of physicians, dentists, or health-care institutions, properly licensed by the state of Colorado, as grantor, with such …
Colo. Rev. Stat. § 11-70-102 Title to property of trusts - liability of trust and trustees
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The trustees of trusts established pursuant to this article shall hold the legal title to all property at any time belonging to the trusts. They shall have control over such property, as well as the control and management of the business and affairs of the trust. Liability to thi…
Colo. Rev. Stat. § 11-70-103 Obligation of participating physicians, dentists, and hospitals limited
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No physician, dentist, or hospital which is a participant in such a trust, as grantor, member, beneficiary, or otherwise, shall be liable or obligated to the trust, to the trustee, to any grantor, member, or beneficiary, to any creditor of the trust, or to any other person by vir…
Colo. Rev. Stat. § 11-70-104 Application of article
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All of the provisions of this article shall apply to, and shall confer all rights, privileges, exemptions, and immunities upon, any trust established for the purposes contemplated by this article and the grantors, members, beneficiaries, participants, and trustees thereof, whethe…
Colo. Rev. Stat. § 11-70-105 Insurance
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The coverage provided by a trust established pursuant to this article shall be deemed insurance for the purposes of any requirements relating to proof of financial responsibility. Source: L. 77: Entire article added, p. 595, � 1, effective July 1.
Colo. Rev. Stat. § 11-70-106 Certificate of membership
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Certification of membership in a trust established pursuant to this article shall meet the certification requirements of any hospital-medical liability requirements. Source: L. 77: Entire article added, p. 595, � 1, effective July 1.
Colo. Rev. Stat. § 11-70-107 Workers' compensation
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The coverage provided by a trust established pursuant to this article shall be deemed insurance meeting the requirements of article 44 of title 8, C.R.S., to secure the payment of compensation under the Colorado workers' compensation law, and such trust, upon obtaining approval o…
Colo. Rev. Stat. § 11-71-101 Legislative declaration
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The general assembly hereby finds, determines, and declares that compliance review committees are essential to the operation and performance of financial institutions and that the public will benefit from incentives to identify and remedy compliance issues. To this end, the gener…
Colo. Rev. Stat. § 11-71-102 Definitions
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As used in this article, unless the context otherwise requires: (1) Compliance review committee means: (a) An audit committee, loan review committee, or compliance committee appointed by the board of directors of a depository institution, as defined in subsection (3) of this sect…
Colo. Rev. Stat. § 11-71-103 Applicability of article - confidentiality of compliance review committee documents - definition
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(1) This article applies to a compliance review committee the functions of which are to evaluate and seek to improve: (a) Loan underwriting standards; (b) Asset quality; (c) Compliance with federal or state statutory or regulatory requirements; (d) Financial reporting to federal …
Colo. Rev. Stat. § 11-101-101 Short title
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Articles 101 to 109 and article 10.5 of this title shall be known and may be cited as the Colorado Banking Code. A reference to the code means the Colorado Banking Code as amended from time to time. Source: L. 2003: Entire article added with relocations, p. 1051, � 3, effective J…
Colo. Rev. Stat. § 11-101-102 Declaration of policy
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(1) It is hereby declared to be the policy of the state of Colorado that, to protect the public interest, the business of all state banks be supervised and regulated in such manner as to: (a) Preserve and promote: (I) Sound and constructive competition among financial services in…
Colo. Rev. Stat. § 11-101-201 Effect on existing banks
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The charters of the state banks organized and existing prior to July 1, 2013, under the laws of this state continue in full force and effect. All such state banks, and, to the extent applicable, all banks chartered under the laws of another state and all national banks doing busi…