| Notice Filed with SOS |
06/17/2022 |
| Rule |
ProposedRuleAttach2022-00302.pdf |
| Additional Information |
AddInfoAttach2022-00302.pdf |
| Statutory Authority |
11-101-102. Declaration of policy.
11-102-104. Powers and duties of the banking board.
11-110-108. Bond - condition - amount - rules.
11-110-116. Rules. |
| Applicable Federal Provisions |
N/A |
| Description of Subjects/Issues |
MO2 Permissible Investments: The purpose of this rulemaking is to amend Rule 3 CCR 701-7 MO2 to add the statutory citation, and remove definitions and reporting requirements as they will be addressed in other rules within Rule 3 CCR 701-7. |
| Purpose/Objective of Rule |
The purpose of this rule is to set requirements for permissible investments and outstanding payment instruments, ownership of permissible investments, and liquidity and quality of permissible investments. |
| Basis And Purpose |
BasisAndPurposeAttachment2022-00302.pdf
|
| Comments |
The virtual hearing was held on August 18, 2022, and the Rule was adopted by the Banking Board. |
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Hearing Date |
08/18/2022 |
| Hearing Time |
10:00 AM |
| Hearing Location |
1560 Broadway Ste 975, Denver CO 80202 |
| Contact Name |
Allison Rothermel |
| Contact Title |
Administrator IV |
| Contact Telephone |
303-894-7573 |
| Contact email |
allison.rothermel@state.co.us |