Colorado Statutes
§ 11-101-102 — Declaration of policy
(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 institutions;
(II)A dual federal and state banking system;
(III)The security of deposits;
(IV)The safe and sound conduct of the business of state banks; and
(V)A statewide safe and sound banking system;
(b)Seek:
(I)Regulatory coordination and cooperation; and
(II)Regulatory parity among financial services institutions; and
(c)Encourage diversity in financial products and services.
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Legislative History
Source: L. 2003: Entire article added with relocations, p. 1051, � 3, effective
July 1.
Nearby Sections
15
§ 11-10.5-101
Short title§ 11-10.5-102
Legislative declaration§ 11-10.5-103
Definitions§ 11-10.5-104
Applicability of article§ 11-10.5-105
Authority of banking board§ 11-10.5-107
Eligible collateral - uninsured public deposits§ 11-10.5-109
Verification of collateral held - reports required§ 11-10.5-110
Procedures when event of default occurs§ 11-10.5-112
Annual fees and assessments§ 11-101-101
Short title§ 11-101-102
Declaration of policy§ 11-101-201
Effect on existing banks§ 11-101-301
Application of code§ 11-101-302
No private right of action