Colorado § 11-102-508 Statements derogatory to state banks - penalty

Colorado Statutes

§ 11-102-508 — Statements derogatory to state banks - penalty

Colorado § 11-102-508

Title 11Financial

Art.Division of Banking

This text of Colorado § 11-102-508 (Statements derogatory to state banks - penalty) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 11-102-508 (2026).

Text

Any person
who willfully makes, circulates, or transmits to another any false statement, written
or oral, that is directly or by inference derogatory to the financial condition of any
state bank and that results in an extraordinary withdrawal of funds from such bank
or that results in impairing public confidence in such bank and any person who shall
counsel, aid, procure, or induce another to start, transmit, or circulate any such
statement knowing the statement to be false commits a class 2 misdemeanor and
shall be punished as provided in section 18-1.3-501, C.R.S.

Free access — add to your briefcase to read the full text and ask questions with AI

Any person
who willfully makes, circulates, or transmits to another any false statement, written
or oral, that is directly or by inference derogatory to the financial condition of any
state bank and that results in an extraordinary withdrawal of funds from such bank
or that results in impairing public confidence in such bank and any person who shall
counsel, aid, procure, or induce another to start, transmit, or circulate any such
statement knowing the statement to be false commits a class 2 misdemeanor and
shall be punished as provided in section 18-1.3-501, C.R.S.