Colorado § 11-110-1107 Unlicensed persons

Colorado Statutes

§ 11-110-1107 — Unlicensed persons

Colorado § 11-110-1107

Title 11Financial

Art.Money Transmitters

This text of Colorado § 11-110-1107 (Unlicensed persons) 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. § 11-110-1107 (2026).

Text

(1)If the banking board has reason to believe that a person has violated or is violating section 11-110-501, the board may issue an order to show cause why an order to cease and desist should not be issued requiring that the person cease and desist from the violation of section 11-110-501.

(2)In an emergency, the banking board may petition the appropriate court for the issuance of a temporary restraining order ex parte pursuant to the rules of civil procedure.

(3)An order to cease and desist becomes effective upon service of the order upon the person.

(4)An order to cease and desist remains effective and enforceable pending the completion of an administrative proceeding pursuant to state administrative procedures.

(5)A person that is served with an order to cease and desis

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(1) If the banking board has reason to
believe that a person has violated or is violating section 11-110-501, the board may
issue an order to show cause why an order to cease and desist should not be issued
requiring that the person cease and desist from the violation of section 11-110-501.

(2) In an emergency, the banking board may petition the appropriate court
for the issuance of a temporary restraining order ex parte pursuant to the rules of
civil procedure.

(3) An order to cease and desist becomes effective upon service of the order
upon the person.

(4) An order to cease and desist remains effective and enforceable pending
the completion of an administrative proceeding pursuant to state administrative
procedures.

(5) A person that is served with an order to cease and desist for violating
section 11-110-501 may petition the appropriate court for a judicial order setting
aside, limiting, or suspending the enforcement, operation, or effectiveness of the
order pending the completion of an administrative proceeding pursuant to state
administrative procedures.