2022 Colorado Code
Title 11 - Financial Institutions
Article 44 - Division of Financial Services
§ 11-44-110.5. Supervisory Mergers

Universal Citation: CO Code § 11-44-110.5 (2022)

As a condition to allowing an association to resume business, the commissioner may require the association to merge with a domestic, foreign, or federal savings and loan association. In the case of such a supervisory merger initiated by the commissioner or the federal deposit insurance corporation or its successor, the provisions of section 11-43-101 shall not apply.

Source: L. 82: Entire section added, p. 246, § 1, effective March 25. L. 2004: Entire section amended, p. 152, § 61, effective July 1.

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