2021 Colorado Code
Title 11 - Financial Institutions
Article 107 - Criminal Offenses
§ 11-107-108. Unlawful Acts or Omissions - Penalties

1. Any person responsible for an act or omission expressly declared to be a criminal offense by this code:
   1. [ ] Is guilty of a misdemeanor and, upon conviction thereof, shall be punished by a fine of not more than one thousand dollars, or by imprisonment in the county jail for not more than one year, or by both such fine and imprisonment;
   2. If the act or omission was intended to defraud, commits a class 6 felony and shall be punished as provided in section 18-1.3-401, C.R.S.

2. An officer, director, employee, agent, or attorney of a state bank shall be criminally responsible for an act or omission of the institution declared to be a criminal offense by this code if, knowing that such act or omission is a criminal offense, he or she participates in authorizing, executing, ratifying, or concealing such act or in authorizing or ratifying such omission or, having a duty to take the required action, omits to do so.
3. Unless otherwise provided in this code, it is no defense to a criminal prosecution under this code that the defendant did not know the facts establishing the criminal character of the act or omission charged, if the defendant could and should have known such facts in the proper performance of his or her duty.

(a) [ ] Commits a class 2 misdemeanor;

History. Source: L. 2003: Entire article added with relocations, p. 1137, § 3, effective July 1. L. 2021: (1)(a) amended,(SB 21-271), ch. 462, p. 3152, § 131, effective March 1, 2022.

1. This section is similar to former § 11-11-108 as it existed prior to 2003.
2. Section 803(2) of chapter 462 (SB 21-271), Session Laws of Colorado 2021, provides that the act changing this section applies to offenses committed on or after March 1, 2022.