Colorado Statutes
§ 11-110-701 — Report of condition
(1)Each licensee shall submit a report of
condition to the banking board within forty-five days after the end of a calendar
quarter or within any extended time as the board by rule may prescribe.
(2)The report of condition must include:
(a)Financial information at the licensee level;
(b)Nationwide and state-specific money transmission transaction
information in every jurisdiction in the United States where the licensee is licensed
to engage in money transmission;
(c)A permissible investments report;
(d)Transaction destination country reporting for money received for
transmission, if applicable; and
(e)Any other information the banking board reasonably requires with
respect to the licensee.
(3)The information required by subsection (2)(d) of this section shall only be
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Legislative History
Source: L. 2025: Entire article R&RE, (HB 25-1201), ch. 91, p. 397, � 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