Colorado Statutes

§ 11-41-127 — Violations - penalties

Colorado·Title 11 Financial·Art. Organization and Powers
(1)Any officer, director, agent, or employee of any savings and loan association who, directly or indirectly or by indirection, commits or causes the commission of theft, abstraction, or misapplication of any of the funds or securities or other property of or under the control of any savings and loan association, with intent to deceive, injure, cheat, wrong, or defraud any person, commits a class 5 felony and shall be punished as provided in section 18-1.3-401, C.R.S.
(2)Any person who willfully and knowingly violates section 11-41-103 and sections 11-41-124 to 11-41-126 commits a petty offense, and each such violation shall constitute a separate offense.

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Legislative History

Source: L. 33: p. 362, � 23. CSA: C. 25, � 91. L. 39: p. 256, � 32. CRS 53: � 122-2-27. C.R.S. 1963: � 122-2-27. L. 77: (1) amended, p. 871, � 26, effective July 1, 1979. L. 89: (1) amended, p. 822, � 13, effective July 1. L. 2002: (1) amended, p. 1471, � 39, effective October 1. L. 2021: (2) amended, (SB 21-271), ch. 462, p. 3150, � 124, effective March 1, 2022.

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