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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  2014-00104


CCR details

Tracking Number 2014-00104
Type of Filing Emergency
Department 700 Department of Regulatory Agencies
Agency 701 Division of Banking
CCR Number 3 CCR 701-1
CCR Title COMMERCIAL BANKS

Proposed rule

Rule
Additional Information
Statutory Authority 11-101-102, 11-102-104, 11-105-302, 11-105-303, and 11-105-304, C.R.S.
Purpose/Objective of Rule The current version of CB101.64 mirrors the OCC's interim rule, which was replaced by their final rule, effective October 1, 2013, which reduces the compliance burden for national banks. Without the emergency amendment, CO state chartered banks are held to a stricter standard and are at a competitve disadvantage.
Basis And Purpose BasisAndPurposeAttachment2014-00104.DOC
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation?
Contact Name Diana S. Gutierrez
Contact Title Banking Board Secretary
Contact Telephone 303-894-7584
Contact email diana.gutierrez@state.co.us

Adopted rule

Adopted Rules AdoptedRules02014-00104.DOC
Redline Redline2014-00104.DOC
Emergency Justification EmergencyJustificationPathAttach2014-00104.DOC
Adopted Date 02/20/2014
Emergency AGO requested date 02/20/2014
Attorney General Opinion 03/03/2014
Effective Date 02/20/2014
Inserted into CCR 03/06/2014