§ 11-51-907 — Access to records

Colorado § 11-51-907

• Jurisdiction: Colorado
• Title 11: Financial
• Art.: Securities

Text

(1) The securities commissioner, in a manner
reasonable under the circumstances, may examine, without notice, any accounts
held by a custodian on behalf of a local government investment pool trust fund and
all books, records, and papers pertaining thereto, and all accounts, books, records,
and papers pertaining thereto, within or without this state, in the possession of any
administrator, the board of trustees, any investment adviser of or broker-dealer or
financial institution acting in an advisory capacity to the trust fund, any person
employed by or directly associated with such broker-dealer or financial institution
in connection with providing such advisory services, or any investment adviser
representative.

(2) The securities commissioner, in a manner reasonable under the
circumstances, may copy, or cause to be copied, or request from and shall receive
copies of such documents as are made and maintained by the custodians,
administrator, board of trustees, investment adviser of or broker-dealer or financial
institution acting in advisory capacity to the trust fund, any person employed by or
directly associated with such broker-dealer or financial institution in connection
with providing such advisory services, or any investment advisor representative in
connection with a local government investment pool trust fund in the normal course
of business, at the expense of such person, in order to determine compliance with
this part 9 and part 7 of article 75 of title 24, C.R.S., as amended.

Legislative History

Source: L. 93: Entire part added, p. 330, � 4, effective July 1.