Colorado § 11-10.5-112 - Annual fees and assessments.

§ 11-10.5-112. Annual fees and assessments.

(1) There is hereby created in the state treasury the public deposit administration fund. The fund shall consist of moneys required to be credited to the fund pursuant to subsection (2) of this section and all interest earned on the investment of the moneys in the fund. Any such interest shall be credited at least annually to said fund. Moneys in the fund shall be subject to appropriation by the general assembly to the banking board to be used solely for the administration and enforcement of the provisions of this article. No moneys shall be appropriated from the general fund for payment of any expenses incurred under this section, and no such expenses shall be charged against the state.

(2) Every eligible public depository shall be assessed an annual fee in an amount established by the banking board for the costs of enforcement and administration of this article. Such fees shall fairly and equitably apply to all eligible public depositories calculated according to the proportion of aggregate public funds that each depository holds in relation to the total of all aggregate public deposits held by all eligible public depositories for each annual period for which they were eligible public depositories. The banking board shall transmit such fees to the state treasurer who shall credit the same to the public deposit administration fund.

(3) All fees assessed against an eligible public depository in accordance with the provisions of section 11-10.5-109 (4) shall be transmitted to the state treasurer who shall credit the same to the public deposit administration fund.

(4) In setting fees, the banking board shall apply the standards imposed on boards and commissions of the division of professions and occupations in the department of regulatory agencies for determining the amount of fees pursuant to the provisions of section 12-20-105.

Source: L. 89: Entire article R&RE, p. 602, § 1, effective September 1. L. 90: (2) amended, p. 667, § 36, effective June 7. L. 2019: (4) amended, (HB 19-1172), ch. 136, p. 1658, § 56, effective October 1.

Editor's note: This section is similar to former § 11-10.5-120 as it existed prior to 1989.

ARTICLE 11

Criminal Offenses

11-11-101 to 11-11-110. (Repealed)

Source: L. 2003: Entire article repealed, p. 1051, § 1, effective July 1.

Editor's note: (1) This article was numbered as article 12 of chapter 14, C.R.S. 1963. For amendments to this article prior to its repeal in 2003, consult the Colorado statutory research explanatory note and the table itemizing the replacement volumes and supplements to the original volume of C.R.S. 1973 beginning on page vii in the front of this volume.

(2) The provisions of this article were relocated to articles 101 to 109 of this title. For the location of specific provisions, see the editor's notes following each section in said articles.

General Financial Provisions

ARTICLE 20

State Bank Commissioner - Duties - Powers

11-20-101 to 11-20-118. (Repealed)

Source: L. 2003: Entire article repealed, p. 1051, § 1, effective July 1.

Editor's note: (1) This article was numbered as article 13 of chapter 14, C.R.S. 1963. For amendments to this article prior to its repeal in 2003, consult the Colorado statutory research explanatory note and the table itemizing the replacement volumes and supplements to the original volume of C.R.S. 1973 beginning on page vii in the front of this volume.

(2) The provisions of this article were relocated to articles 101 to 109 of this title. For the location of specific provisions, see the editor's notes following each section in said articles.

ARTICLE 21

Liquidation

11-21-101 to 11-21-123. (Repealed)

Source: L. 81: Entire article repealed, p. 611, § 36, effective July 1; entire article repealed, p. 2023, § 8, effective July 1.

Editor's note: This article was numbered as article 14 of chapter 14, C.R.S. 1963. For amendments to this article prior to its repeal in 1981, consult the Colorado statutory research explanatory note and the table itemizing the replacement volumes and supplements to the original volume of C.R.S. 1973 beginning on page vii in the front of this volume.

Cross references: For liquidation procedure under the "Colorado Banking Code", see article 103 of this title 11.

Industrial Banks

ARTICLE 22

Industrial Banks

11-22-101 to 11-22-706. (Repealed)

Source: L. 2003: Entire article repealed, p. 1051, § 1, effective July 1.

Editor's note: (1) This article was numbered as article 17 of chapter 14, C.R.S. 1963. For amendments to this article prior to its repeal in 2003, consult the Colorado statutory research explanatory note and the table itemizing the replacement volumes and supplements to the original volume of C.R.S. 1973 beginning on page vii in the front of this volume.

(2) The provisions of this article were relocated to articles 101 to 109 of this title. For the location of specific provisions, see the editor's notes following each section in said articles.

Trust Companies and Trust Funds

ARTICLE 23

Trust Company Act

11-23-101 to 11-23-125. (Repealed)

Source: L. 2003: Entire article repealed, p. 1051, § 1, effective July 1.

Editor's note: (1) This article was numbered as article 20 of chapter 14, C.R.S. 1963. For amendments to this article prior to its repeal in 2003, consult the Colorado statutory research explanatory note and the table itemizing the replacement volumes and supplements to the original volume of C.R.S. 1973 beginning on page vii in the front of this volume.

(2) The provisions of this article were relocated to articles 101 to 109 of this title. For the location of specific provisions, see the editor's notes following each section in said articles.

ARTICLE 24

Uniform Common Trust Fund Act

11-24-101. Short title.

11-24-102. Common trust funds established and operated.

11-24-103. Exclusive management and control.

11-24-104. Court accountings.

11-24-105. Uniformity of interpretation.

11-24-106. Existing fiduciary relationships.

11-24-107. Fiduciary defined.