Colorado § 11-110-102 Legislative declaration

Colorado Statutes

§ 11-110-102 — Legislative declaration

Colorado·Title 11 Financial·Art. Money Transmitters

(1)The general assembly finds and declares that the purpose of this article 110 is to:

(a)Ensure states can coordinate in all areas of regulation, licensing, and supervision to eliminate unnecessary regulatory burden and more effectively utilize regulator resources;

(b)Protect the public from financial crime;

(c)Standardize the types of activities that are subject to licensing or otherwise exempt from licensing; and

(d)Modernize safety and soundness requirements to ensure customer money is protected in an environment that supports innovative and competitive business practices.

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

(1) The general assembly finds and
declares that the purpose of this article 110 is to:

(a) Ensure states can coordinate in all areas of regulation, licensing, and
supervision to eliminate unnecessary regulatory burden and more effectively utilize
regulator resources;

(b) Protect the public from financial crime;

(c) Standardize the types of activities that are subject to licensing or
otherwise exempt from licensing; and

(d) Modernize safety and soundness requirements to ensure customer
money is protected in an environment that supports innovative and competitive
business practices.

Colorado § 11-110-102 (Legislative declaration) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.