| Notice Filed with SOS |
12/17/2021 |
| Rule |
ProposedRuleAttach2021-00818.pdf |
| Additional Information |
AddInfoAttach2021-00818.pdf |
| Statutory Authority |
11-101-102. Declaration of policy.
11-102-104. Powers and duties of the banking board.
11-105-401(1)(d) Acquisition of property to satisfy indebtedness. |
| Description of Subjects/Issues |
CB101.61 Appraisal of Other Real Estate: The purpose of amending 3-CCR 701-1 CB101.61 Appraisal of Other Real Estate is to amend the appraisal requirement for property acquired to satisfy indebtedness. 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 establish appraisal thresholds for property acquired to satisfy indebtedness. |
| Basis And Purpose |
BasisAndPurposeAttachment2021-00818.pdf
|
| Regulatory analysis |
RegulatoryAnalysisAttachment2021-00818.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? |
Yes
|
| Recent legislation bill number |
HB 21-1293
|
| 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 |