| Notice Filed with SOS |
05/21/2024 |
| Rule |
ProposedRuleAttach2024-00240.docx
|
| Additional Information |
AddInfoAttach2024-00240.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 hearing procedures and time frames in the event two or more
charter applications for state banks that would serve the same community or area of the community are
filed with the State Bank Commissioner within ninety (90) days of each other.
The purpose of this rulemaking is to repeal Rule 3 CCR 701-10 AR5.
The Colorado Division of Banking (Division) finds that the proposed repeal of this Rule is necessary as
follows:
● Information pertaining to Rule 3 CCR 701-10 AR5 is within Section 11-103-304(7), C.R.S. and a
Rule is not necessary. |
| Purpose/Objective of Rule |
The purpose of this rule is to provide hearing procedures and time frames in the event two or more charter applications for state banks that would serve the same community or area of the community are filed with the State Bank Commissioner within ninety (90) days of each other. |
| Basis And Purpose |
BasisAndPurposeAttachment2024-00240.pdf
|
| Regulatory analysis |
RegulatoryAnalysisAttachment2024-00240.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 |