Colorado § 11-110-704 Reports of certain events

Colorado Statutes

§ 11-110-704 — Reports of certain events

Colorado § 11-110-704

Title 11Financial

Art.Money Transmitters

This text of Colorado § 11-110-704 (Reports of certain events) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 11-110-704 (2026).

Text

(1)A licensee shall file a report with the banking board within one business day after the licensee has reason to know of the occurrence of any of the following events:

(a)The filing of a petition by or against the licensee under the United States bankruptcy code, 11 U.S.C. secs. 101 to 110, as amended, for bankruptcy or reorganization;

(b)The filing of a petition by or against the licensee for receivership, the commencement of any other judicial or administrative proceeding for the licensee's dissolution or reorganization, or the making of a general assignment for the benefit of the licensee's creditors; or

(c)The commencement of a proceeding to revoke or suspend the licensee's license in a state or country in which the licensee engages in business or is licensed.

(2)A l

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(1) A licensee shall file a report with
the banking board within one business day after the licensee has reason to know of
the occurrence of any of the following events:

(a) The filing of a petition by or against the licensee under the United States
bankruptcy code, 11 U.S.C. secs. 101 to 110, as amended, for bankruptcy or
reorganization;

(b) The filing of a petition by or against the licensee for receivership, the
commencement of any other judicial or administrative proceeding for the licensee's
dissolution or reorganization, or the making of a general assignment for the benefit
of the licensee's creditors; or

(c) The commencement of a proceeding to revoke or suspend the licensee's
license in a state or country in which the licensee engages in business or is
licensed.

(2) A licensee shall file a report with the banking board within three business
days after the licensee has reason to know of the occurrence of any of the
following events:

(a) A charge or conviction of the licensee or of a key individual or person in
control of the licensee for a felony; or

(b) A charge or conviction of an authorized delegate for a felony.