| Notice Filed with SOS |
04/15/2021 |
| Rule |
ProposedRuleAttach2021-00239.pdf |
| Statutory Authority |
Section 11-102-104(1), C.R.S., which states “the banking board is the policy-making and rule-making authority for the division of banking and has the power to: (a) make, modify, reverse, and vacate rules for the proper enforcement and administration of this code…” |
| Description of Subjects/Issues |
The purpose of the hearing is to hear comments concerning the proposed amendment of the following Banking Board Rule: to amend Rule PDP7 to simplify and standardize the Monthly Report requirements to ensure consistency of reporting, examinations, and assessments among eligible public depositories (EPD). |
| Purpose/Objective of Rule |
The purpose of this rule is to describe the requirements of the Monthly Public Depository Liability Report (Monthly Report), to ensure compliance with the Public Deposit Protection Act and the protection of Colorado’s public deposits. |
| Basis And Purpose |
BasisAndPurposeAttachment2021-00239.pdf
|
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Hearing Date |
05/20/2021 |
| Hearing Time |
10:00 AM |
| Hearing Location |
1560 Broadway Ste 975 Denver CO 80202 |
| Contact Name |
Chas Siler |
| Contact Title |
Banking Board Secretary |
| Contact Telephone |
303-894-7575 |
| Contact email |
charles.siler@state.co.us |