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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   2021-00820


CCR details

Tracking Number 2021-00820
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 701 Division of Banking
CCR Number 3 CCR 701-6
CCR Title TRUST COMPANIES

Proposed rule

Notice Filed with SOS 12/17/2021
Rule ProposedRuleAttach2021-00820.pdf
Additional Information AddInfoAttach2021-00820.pdf
Statutory Authority 11-101-102. Declaration of policy. 11-102-104. Powers and duties of the banking board. 11-109-402. Reports to the banking board and to the commissioner.
Description of Subjects/Issues TC11 Scope of Directors’ Examinations: The purpose of amending 3-CCR 701-6 TC11 is to reinstate TC11(D)(7) and a paragraph in section (D) that was removed once previous emergency rule language had expired. Additionally, updates to the Division of Banking’s (Division) address and phone number are needed.
Purpose/Objective of Rule The purpose of this rule is to provide the examination scope of Directors’ Examinations, the extent of testing, as well as the reports to be filed with the Colorado Division of Banking (Division).
Basis And Purpose BasisAndPurposeAttachment2021-00820.pdf
Regulatory analysis RegulatoryAnalysisAttachment2021-00820.pdf
Comments The virtual hearing is scheduled for February 17, 2022, commencing at 10:00 a.m. via Zoom, passcode 832326: https://us06web.zoom.us/j/84181226499?pwd=bGNmdFcwOHo3d3hnekJhblRDUlk1UT09
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation? No
Hearing Date 02/17/2022
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

Adopted rule

Adopted Rules AdoptedRules02021-00820.docx
Redline Redline2021-00820.pdf
Adopted Date 02/17/2022
AGO requested date 02/18/2022
Attorney General Opinion 03/08/2022
Colorado Register publication date 03/25/2022
Effective Date 04/14/2022
Inserted into CCR 04/12/2022
  
  
  
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