Colorado § 11-101-102 - Declaration of policy.
Full text of Colorado Colorado Revised Statutes § 11-101-102 — Declaration of policy., with citation guidance and answers to common questions.
§ 11-101-102. Declaration of policy.
(1) It is hereby declared to be the policy of the state of Colorado that, to protect the public interest, the business of all state banks be supervised and regulated in such manner as to:
(a) Preserve and promote:
(I) Sound and constructive competition among financial services institutions;
(II) A dual federal and state banking system;
(III) The security of deposits;
(IV) The safe and sound conduct of the business of state banks; and
(V) A statewide safe and sound banking system;
(b) Seek:
(I) Regulatory coordination and cooperation; and
(II) Regulatory parity among financial services institutions; and
(c) Encourage diversity in financial products and services.
Source: L. 2003: Entire article added with relocations, p. 1051, § 3, effective July 1.
Editor's note: This section is similar to former § 11-1-101.5 as it existed prior to 2003.
PART 2
EFFECT ON EXISTING BANKS
Frequently Asked Questions About Colorado § 11-101-102
What does Colorado Revised Statutes § 11-101-102 cover?
Section 11-101-102 ("Declaration of policy.") 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 § 11-101-102?
A common citation format is "Colorado Revised Statutes § 11-101-102" (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 § 11-101-102 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.