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Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number  2020-00268

CCR details

Tracking Number 2020-00268
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 725 Division of Real Estate
CCR Number 4 CCR 725-1

Proposed rule

Notice Filed with SOS 04/24/2020
Rule ProposedRuleAttach2020-00268.pdf
Statutory Authority Part 2 of Title 12, Article 10, Colorado Revised Statutes, as amended.
Description of Subjects/Issues CHAPTER 1. Definitions
Purpose/Objective of Rule The specific purpose of this rule is to amend or repeal existing rules with respect to the definition of Money Belonging to Others and clarify that money belonging to others for real estate or non-real estate services must be deposited in a trust or escrow account.
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation? No
Hearing Date 06/02/2020
Hearing Time 09:00 AM
Hearing Location 1560 Broadway, Suite 110-C, Denver, CO 80202
Contact Name Martha Torres-Recinos
Contact Title Rulemaking Coordinator
Contact Telephone 303-894-2359
Contact email martha.torres-recinos@state.co.us

Adopted rule

Adopted Rules AdoptedRules02020-00268.rtf
Redline Redline2020-00268.pdf
Adopted Date 06/02/2020
AGO requested date 06/03/2020
Attorney General Opinion 06/22/2020
Colorado Register publication date 07/10/2020
Effective Date 07/30/2020
Inserted into CCR 08/04/2020