Colorado Statutes
§ 11-51-411 — Abandonment of license
If a licensed person has died or ceased
to exist as a legal entity, has been adjudicated incompetent, or cannot be located
by the securities commissioner after a reasonable search, the securities
commissioner may by order summarily revoke the license on the grounds that the
license has been abandoned.
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Legislative History
Source: L. 90: Entire article R&RE, p. 728, � 1, 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