§ 11-53-202 — Enforcement - cease-and-desist orders

Colorado § 11-53-202

• Jurisdiction: Colorado
• Title 11: Financial
• Art.: Colorado Commodity Code

Text

(1) Whenever it appears
to the commissioner that any person has engaged in any act or practice
constituting a violation of any provision of this article or any rule or order under this
article, the commissioner may apply to the district court for the city and county of
Denver, or to the appropriate courts of another state, for the appropriate legal or
equitable relief, including but not limited to:

(a) A declaratory judgment;

(b) A temporary restraining order or preliminary or permanent prohibitory or
mandatory injunction enjoining the act or practice in question and to enforce
compliance with this article or any rule or order under this article;

(c) An order for restitution and disgorgement, or either of them; and

(d) An order for appointment of a receiver or conservator for the defendant
or the defendant's assets.

(2) Whenever it appears to the commissioner that any person has engaged in
any act or practice constituting a violation of any provision of this article or any rule
or order under this article, then, in addition to the powers granted in subsection (1)
of this section, the commissioner may enter an order to show cause directed to such
person and shall follow substantially the procedure set forth in section 11-51-606
(1.5).

Legislative History

Source: L. 89: Entire article R&RE, p. 638, � 1, effective July 1. L. 2001: (2) added, p. 803, � 3, effective July 1.