Colorado § 11-110-703 Authorized delegate reporting

Colorado Statutes

§ 11-110-703 — Authorized delegate reporting

Colorado·Title 11 Financial·Art. Money Transmitters

(1)Each licensee shall submit a report of authorized delegates to the banking board within forty-five days after the end of a calendar quarter. The board is authorized and encouraged to utilize NMLS for the submission of the report required by this section if the functionality is consistent with the requirements of this section.

(2)The authorized delegate report must include, at a minimum, the following information for each authorized delegate:

(a)Company legal name;

(b)Taxpayer employer identification number;

(c)Principal provider identifier;

(d)Physical address;

(e)Mailing address;

(f)Business conducted in other states, if any;

(g)Fictitious or trade names, if any;

(h)Contact person name, phone number, and email;

(i)Start date as licensee's authorized delegate;

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Each licensee shall submit a
report of authorized delegates to the banking board within forty-five days after the
end of a calendar quarter. The board is authorized and encouraged to utilize NMLS
for the submission of the report required by this section if the functionality is
consistent with the requirements of this section.

(2) The authorized delegate report must include, at a minimum, the following
information for each authorized delegate:

(a) Company legal name;

(b) Taxpayer employer identification number;

(c) Principal provider identifier;

(d) Physical address;

(e) Mailing address;

(f) Business conducted in other states, if any;

(g) Fictitious or trade names, if any;

(h) Contact person name, phone number, and email;

(i) Start date as licensee's authorized delegate;

(j) End date acting as licensee's authorized delegate, if applicable; and

(k) Other information the banking board reasonably requires with respect to
the authorized delegate.