Colorado § 11-44-101 - Division of financial services created.
Full text of Colorado Colorado Revised Statutes § 11-44-101 — Division of financial services created., with citation guidance and answers to common questions.
§ 11-44-101. Division of financial services created.
There is created a division of financial services in the department of regulatory agencies, which shall be administered by the state commissioner of financial services. When any law of this state refers to the savings and loan department of the state of Colorado, said law shall be construed as referring to the division of financial services. The division of financial services and the office of the state commissioner of financial services are type 2 entities, as defined in section 24-1-105.
Source: L. 33: p. 331, § 1. CSA: C. 25, § 47. CRS 53: § 122-6-1. C.R.S. 1963: § 122-5-1. L. 68: p. 125, § 126. L. 89: Entire section amended, p. 616, § 1, effective July 1. L. 2022: Entire section amended, (SB 22-162), ch. 469, p. 3391, § 104, effective August 10.
Cross references: For the short title (the "Debbie Haskins 'Administrative Organization Act of 1968' Modernization Act") in SB 22-162, see section 1 of chapter 469, Session Laws of Colorado 2022.
ANNOTATION
Law reviews. For comment on United States Bldg. & Loan Ass'n v. McClelland, appearing below, see 7 Rocky Mt. L. Rev. 156 (1935).
This is a comprehensive article creating a building and loan department of the state, defining its powers, and giving it supervision over all foreign and domestic building and loan corporations doing business in this state, with power to grant certificates of business. United States Bldg. & Loan Ass'n v. McClelland, 6 F. Supp. 299 (D. Colo. 1934).
It is a valid legislative enactment. Building and loan associations exercise quasi-banking functions, soliciting the savings and funds of the public, especially of those in more modest circumstances. The general assembly violates no constitutional guaranty in declaring them affected with a public interest and in providing, within proper limits, supervision and control for the protection of the investor. United States Bldg. & Loan Ass'n v. McClelland, 6 F. Supp. 299 (D. Colo. 1934).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-44-101
What does Colorado Revised Statutes § 11-44-101 cover?
Section 11-44-101 ("Division of financial services created.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 11-44-101?
A common citation format is "Colorado Revised Statutes § 11-44-101" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 11-44-101 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.