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Code of Colorado Regulations eDocket
Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number   2019-00578


CCR details

Tracking Number 2019-00578
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 701 Division of Banking
CCR Number 3 CCR 701-4
CCR Title RULES OF THE COLORADO STATE BANKING BOARD PERTAINING TO THE PUBLIC DEPOSIT PROTECTION ACT

Proposed rule

Notice Filed with SOS 09/27/2019
Rule ProposedRuleAttach2019-00578.pdf
Additional Information AddInfoAttach2019-00578.pdf
Statutory Authority The statutory basis for Banking Board Rule 3-CCR 701-4 PDP1 is found in section 11-10.5--106(2)(b) of the Colorado Revised Statutes (C.R.S.).
Description of Subjects/Issues The proposed revision to 3-CCR 701-4 PDP1(C) is to align the requirements of PDP1(C) with the proposed amendments to 3-CCR 701-4 PDP5(D) by directly referencing the Rule, rather than restating the verbiage. The proposed language reflects the following change: 1. Replaced the verbiage with a reference to Banking Board Rule PDP5(D).
Purpose/Objective of Rule The proposed revision is to align the requirements of PDP1 with the proposed amendments to PDP5 by directly referencing the Rule rather than restating the text.
Basis And Purpose BasisAndPurposeAttachment2019-00578.pdf
Regulatory analysis RegulatoryAnalysisAttachment2019-00578.pdf
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation? No
Hearing Date 11/21/2019
Hearing Time 10:00 AM
Hearing Location DORA Div of Banking, 1560 Broadway Ste 975, Denver CO
Contact Name Chas Siler
Contact Title Board Secretary
Contact Telephone 303-894-7575
Contact email charles.siler@state.co.us

Adopted rule

Adopted Rules AdoptedRules02019-00578.rtf
Redline Redline2019-00578.pdf
Adopted Date 11/21/2019
AGO requested date 11/21/2019
Attorney General Opinion 12/10/2019
Colorado Register publication date 12/25/2019
Effective Date 01/30/2020
Inserted into CCR 02/04/2020
  
  
  
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