§ 11-44-114 — Noncompliance with orders - penalty

If the commissioner
demands possession of the property, business, and assets of any association,
pursuant to section 11-44-110, the refusal of any officer, agent, employee, or
director of such association to comply with such demand constitutes a class 2
misdemeanor; and, if such demand is not complied with within twenty-four hours
after service, the commissioner may call to the commissioner's assistance the
sheriff of the county in which the principal place of business of such association is
located, by written demand under the commissioner's hand and official seal;
whereupon it shall become the duty of such official to enforce the demands of the
commissioner.

Legislative History

Source: L. 33: p. 343, � 13. CSA: C. 25, � 59. CRS 53: � 122-6-14. C.R.S. 1963: � 122-5-14. L. 2021: Entire section amended, (SB 21-271), ch. 462, p. 3152, � 128, effective March 1, 2022.