§ 11-102-201 — Hearing officers - powers - procedure - order final

Colorado § 11-102-201

• Jurisdiction: Colorado
• Title 11: Financial
• Art.: Division of Banking

Text

(1) The
banking board has the power to designate a person to act as a hearing officer to
conduct any public hearing authorized or required by this code except in the case of
charter applications that have been timely protested pursuant to the rules of the
banking board. The banking board may determine the qualifications required for a
person to be designated pursuant to this subsection (1) based upon the education
and experience required for the particular hearing. Such person may, but need not
be, an administrative law judge serving pursuant to section 24-30-1003, C.R.S.

(2) Any such hearing officer shall have the powers of a hearing officer
prescribed in section 24-4-105, C.R.S.

(3) After the conclusion of a hearing, the hearing officer shall prepare
written findings and recommendations based on the hearing and shall certify such
findings and recommendations to the banking board and to each party. If the
banking board does not affirm, modify, reverse, remand for further findings, or
vacate such written recommendations within sixty days after receipt of the
recommendations, the same shall be deemed the determination and order of the
banking board. The banking board may extend such sixty-day period by no more
than thirty additional days.

Legislative History

Source: L. 2003: Entire article added with relocations, p. 1067, � 3, effective July 1.