Colorado § 11-44-103 - Powers of commissioner.
Full text of Colorado Colorado Revised Statutes § 11-44-103 — Powers of commissioner., with citation guidance and answers to common questions.
§ 11-44-103. Powers of commissioner.
The commissioner has general supervision and control over all domestic and foreign savings and loan associations doing business in this state and may grant, refuse, or revoke a permit or license to any association to do business in this state when the association is not conducting its business in conformity with the laws of the state or is conducting its business in an unsafe manner that renders its further operations hazardous to the public or any of the association's shareholders. All articles of incorporation and amendments to the articles, all bylaws and amendments to the bylaws, and all certificates of stock and shares of associations subject to articles 40 to 46 of this title 11 shall be submitted to the commissioner for the commissioner's approval or disapproval, and the commissioner may approve, modify, or reject any articles of incorporation or amendments, bylaws or amendments, or certificates of stock or shares. The commissioner may prescribe all necessary and proper rules for the conduct and operation of savings and loan associations in this state and shall prescribe the manner in which the books and records of associations doing business in this state are kept.
Source: L. 33: p. 334, § 3. CSA: C. 25, § 49. CRS 53: § 122-6-3. C.R.S. 1963: § 122-5-3. L. 2024: Entire section amended, (HB 24-1381), ch. 350, p. 2379, § 42, effective August 7.
ANNOTATION
Constitutional validity not properly raised by the association. United States Bldg. & Loan Ass'n v. McClelland, 95 Colo. 292, 36 P.2d 164 (1934).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-44-103
What does Colorado Revised Statutes § 11-44-103 cover?
Section 11-44-103 ("Powers of commissioner.") 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 § 11-44-103?
A common citation format is "Colorado Revised Statutes § 11-44-103" (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 § 11-44-103 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.