Colorado Statutes
§ 11-110-405 — Relationship to federal law - interpretative guidance
(1)In the
event state money transmission jurisdiction is conditioned on a federal law, any
inconsistencies between a provision of this article 110 and federal law governing
money transmission is governed by the applicable federal law to the extent of the
inconsistency.
(2)In the event of any inconsistencies between this article 110 and federal
law that governs money transmission pursuant to subsection (1) of this section, the
banking board may provide interpretive guidance that:
(a)Identifies the inconsistency; and
(b)Identifies the appropriate means of compliance with federal law.
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Legislative History
Source: L. 2025: Entire article R&RE, (HB 25-1201), ch. 91, p. 387, � 1,
effective August 6.
Nearby Sections
15
§ 11-10.5-101
Short title§ 11-10.5-102
Legislative declaration§ 11-10.5-103
Definitions§ 11-10.5-104
Applicability of article§ 11-10.5-105
Authority of banking board§ 11-10.5-107
Eligible collateral - uninsured public deposits§ 11-10.5-109
Verification of collateral held - reports required§ 11-10.5-110
Procedures when event of default occurs§ 11-10.5-112
Annual fees and assessments§ 11-101-101
Short title§ 11-101-102
Declaration of policy§ 11-101-201
Effect on existing banks§ 11-101-301
Application of code§ 11-101-302
No private right of action