Colorado Statutes
§ 11-110-507 — Maintenance of license - suspension and revocation
(1)If a
licensee does not continue to meet the qualifications or satisfy the requirements
for an applicant for a new money transmission license described in this article 110,
the banking board may suspend or revoke the licensee's license in accordance with
the procedures established by this article 110 or other applicable state law for such
suspension or revocation.
(2)An applicant for a money transmission license shall demonstrate that the
applicant meets or will meet, and a licensee shall at all times meet, the
requirements in sections 11-110-1001, 11-110-1002, and 11-110-1003.
Free access — add to your briefcase to read the full text and ask questions with AI
Colorado § 11-110-507 (Maintenance of license - suspension and revocation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 2025: Entire article R&RE, (HB 25-1201), ch. 91, p. 393, � 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