Colorado § 11-41-116 Where associations may operate

Colorado Statutes

§ 11-41-116 — Where associations may operate

Colorado·Title 11 Financial·Art. Organization and Powers

Upon approval of the
commissioner, a savings and loan association may conduct business in this state, in
other states, in the District of Columbia, in the territories and colonies of the United
States, and in foreign countries, and have one or more offices out of this state, and
own, hold, purchase, mortgage, lease, and convey real and personal property out of
this state if such powers are included within the objects set forth in its articles of
incorporation and are not in violation of any other provision of articles 40 to 46 of
this title.

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Upon approval of the
commissioner, a savings and loan association may conduct business in this state, in
other states, in the District of Columbia, in the territories and colonies of the United
States, and in foreign countries, and have one or more offices out of this state, and
own, hold, purchase, mortgage, lease, and convey real and personal property out of
this state if such powers are included within the objects set forth in its articles of
incorporation and are not in violation of any other provision of articles 40 to 46 of
this title.

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