Colorado § 11-44-117 - Setoffs.
Full text of Colorado Colorado Revised Statutes § 11-44-117 — Setoffs., with citation guidance and answers to common questions.
§ 11-44-117. Setoffs.
Credits on loan shares of all persons indebted to any savings and loan association in the possession of the commissioner, whether the indebtedness is due or to become due, shall be applied by the commissioner on account of the indebtedness.
Source: L. 33: p. 349, § 16. CSA: C. 25, § 62. CRS 53: § 122-6-17. C.R.S. 1963: § 122-5-17. L. 2024: Entire section amended, (HB 24-1381), ch. 350, p. 2387, § 53, effective August 7.
Frequently Asked Questions About Colorado § 11-44-117
What does Colorado Revised Statutes § 11-44-117 cover?
Section 11-44-117 ("Setoffs.") 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 § 11-44-117?
A common citation format is "Colorado Revised Statutes § 11-44-117" (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 § 11-44-117 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.