2022 Colorado Code
Title 11 - Financial Institutions
Article 110 - Money Transmitters
Part 2 - Money Transmitter Agents
§ 11-110-206. Violations

1. [ Editor's note: This version of subsection (1) is effective until March 1, 2022.] A person who violates this part 2 commits a class 2 misdemeanor and, for the second or any subsequent offense, the person commits a class 1 misdemeanor and shall be punished as provided in section 18-1.3-501.

   (1) [ Editor's note: This version of subsection (1) is effective March 1, 2022. ] A person who violates this part 2 commits a class 2 misdemeanor and shall be punished as provided in section 18-1.3-501.

2. A person who acts as an agent of an unlicensed person required to be licensed by part 1 of this article 110 knowing the unlicensed person does not hold the license commits a class 2 misdemeanor and shall be punished as provided in section 18-1.3-501.

Source: L. 2017: Entire article added with relocations, (SB 17-226), ch. 159, p. 588, § 2, effective August 9. L. 2021: (1) amended, (SB 21-271), ch. 462, p. 3153, § 133, effective March 1, 2022.

1. This section is similar to former § 12-52-206 as it existed prior to 2017.
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.