Colorado § 11-48-100.3 - Definitions.
Full text of Colorado Colorado Revised Statutes § 11-48-100.3 — Definitions., with citation guidance and answers to common questions.
§ 11-48-100.3. Definitions.
As used in this article 48, unless the context otherwise requires:
(1) "Communications facility" means an attended or unattended electronic information processing device, other than an ordinary telephone instrument, located in this state separate and apart from a financial institution and through which account holders and financial institutions may engage in transactions by means of either the instant transmission (online) of electronic impulses to and from the financial institution or its data processing agent or the recording of electronic impulses or other indicia of a transaction for delayed transmission (off-line) to a financial institution or its data processing agent. Such a device located on the premises of a financial institution shall be a communications facility if such device is utilized by the account holders of other financial institutions.
(2) "Financial institution" means:
(a) Any savings and loan association organized under article 41 of this title 11 or under federal law and having its principal office in this state; and
(b) Any credit union organized under article 30 of this title 11 or federal law and having its principal office in this state.
Source: L. 2025: Entire section added with relocations, (SB 25-275), ch. 377, p. 2040, § 52, effective August 6.
Editor's note: Subsection (1) is similar to former § 11-48-103 as it existed prior to 2025.
Frequently Asked Questions About Colorado § 11-48-100.3
What does Colorado Revised Statutes § 11-48-100.3 cover?
Section 11-48-100.3 ("Definitions.") 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 § 11-48-100.3?
A common citation format is "Colorado Revised Statutes § 11-48-100.3" (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 § 11-48-100.3 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.