| Notice Filed with SOS |
05/21/2024 |
| Rule |
ProposedRuleAttach2024-00239.docx
|
| Additional Information |
AddInfoAttach2024-00239.pdf
|
| Statutory Authority |
11-101-102. Declaration of policy.
11-102-104. Powers and duties of the banking board. |
| Description of Subjects/Issues |
The purpose of this rule is to provide information and time frames pertaining to protests to applications for a Colorado state-chartered bank or trust company charter.
The purpose of this rulemaking is to amend Rule 3 CCR 701-10 AR4.
The Colorado Division of Banking (Division) finds that the proposed amendments to this Rule are
necessary as follows:
● Update the Rule’s statutory citations.
● Clarify which charter applications can be protested.
● Move the text of Rule 3 CCR 701-10 AR8 to Rule 3 CCR 701-10 AR4 for continuity regarding
protest procedures; update the text to include trust companies.
● Clarify that “days” are calendar days. |
| Purpose/Objective of Rule |
The purpose of this rule is to provide information and time frames pertaining to protests to applications for a Colorado state-chartered bank or trust company charter. |
| Basis And Purpose |
BasisAndPurposeAttachment2024-00239.pdf
|
| Regulatory analysis |
RegulatoryAnalysisAttachment2024-00239.pdf
|
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Hearing Date |
07/18/2024 |
| Hearing Time |
10:00 AM |
| Hearing Location |
1560 Broadway, Suite 100D, Denver, Colorado |
| Contact Name |
Charles Siler |
| Contact Title |
Banking Board Administrator |
| Contact Telephone |
3038947584 |
| Contact email |
charles.siler@state.co.us |