Colorado § 11-110-402 Confidentiality

Colorado Statutes

§ 11-110-402 — Confidentiality

Colorado·Title 11 Financial·Art. Money Transmitters

(1)Except as otherwise provided in subsection

(2)of this section, all information or reports obtained by the banking board from an applicant, licensee, or authorized delegate, and all information contained in or related to an examination, investigation, operating report, or condition report prepared by, on behalf of, or for the use of the board, or financial statements, balance sheets, or authorized delegate information, are confidential and are not subject to disclosure under the Colorado Open Records Act, part 2 of article 72 of title 24.

(2)The banking board may disclose information not otherwise subject to disclosure under subsection (1) of this section to representatives of state or federal agencies who promise in a record that they will maintain the confidentiality of th

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(1) Except as otherwise provided in subsection
(2) of this section, all information or reports obtained by the banking board from an
applicant, licensee, or authorized delegate, and all information contained in or
related to an examination, investigation, operating report, or condition report
prepared by, on behalf of, or for the use of the board, or financial statements,
balance sheets, or authorized delegate information, are confidential and are not
subject to disclosure under the Colorado Open Records Act, part 2 of article 72 of
title 24.

(2) The banking board may disclose information not otherwise subject to
disclosure under subsection (1) of this section to representatives of state or federal
agencies who promise in a record that they will maintain the confidentiality of the
information or where the board finds that the release is reasonably necessary for
the protection and interest of the public.

(3) This section does not prohibit the banking board from disclosing to the
public a list of all licensees or the aggregated financial or transactional data
concerning those licensees.

(4) Information contained in the records of the division that is not
confidential and may be made available to the public either on the division's
website, upon receipt by the division of a written request, or in NMLS must include:

(a) The name, business address, telephone number, and unique identifier of a
licensee;

(b) The business address of a licensee's registered agent for service;

(c) The name, business address, and telephone number of all authorized
delegates;

(d) The terms of or a copy of any bond filed by a licensee, so long as
confidential information, including but not limited to prices and fees, for such bond
is redacted;

(e) Copies of any nonconfidential final orders of the division relating to any
violation of this article 110 or rules implementing this article 110; and

(f) Imposition of an administrative fine or penalty under this article 110.

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