| Notice Filed with SOS |
08/28/2020 |
| Rule |
ProposedRuleAttach2020-00627.rtf |
| Statutory Authority |
11-101-102. Declaration of policy.
11-102-104. Powers and duties of the banking board.
11-10.5-109. Verification of collateral held – reports required. |
| Description of Subjects/Issues |
The purpose of the hearing is to hear comments concerning the proposed amendment of the Banking Board Rule 701-4 PDP7 to eliminate the notary requirement and to affirm the use of electronic signatures on the Monthly Public Depository Liability Report. Due to the nature of the pandemic and the restrictions it imposed, it was apparent compliance with certain requirements of 3-CCR 701-4 PDP7 were difficult or infeasible. |
| Purpose/Objective of Rule |
The amendment of 3-CCR 701-4 PDP7 is to eliminate the notary requirement and to affirm the use of electronic signatures on the Monthly Public Depository Liability Report. |
| Basis And Purpose |
BasisAndPurposeAttachment2020-00627.pdf
|
| Regulatory analysis |
RegulatoryAnalysisAttachment2020-00627.pdf
|
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Hearing Date |
10/15/2020 |
| Hearing Time |
10:00 AM |
| Hearing Location |
DORA Division of Banking, 1560 Broadway Ste 975, Denver CO 80202 |
| Contact Name |
Charles Siler |
| Contact Title |
Banking Board Secretary |
| Contact Telephone |
303-894-7575 |
| Contact email |
charles.siler@state.co.us |