Colorado Statutes
§ 11-30-117 — Reserves
(1)(Deleted by amendment, L. 2004, p. 131, � 7, effective July 1, 2004.)
(2)The board may require reserves to protect the interest of members by
general rules, including reserve requirements for any privately insured credit union.
In addition, the commissioner may require special reserves by an order directed to
an individual credit union in any special case.
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Legislative History
Source: L. 31: p. 303, � 17. CSA: C. 47, � 17. L. 41: p. 377, � 17. L. 45: p. 308, �
2. CRS 53: � 38-1-17. C.R.S. 1963: � 38-1-17. L. 67: p. 321, � 14. L. 79: Entire section
R&RE, p. 417, � 4, effective July 1. L. 90: (2) amended, p. 1838, � 10, effective May 31. L. 2004: Entire section amended, p. 131, � 7, effective July 1.
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