Colorado § 11-104-201 - Legislative declaration.
Full text of Colorado Colorado Revised Statutes § 11-104-201 — Legislative declaration., with citation guidance and answers to common questions.
§ 11-104-201. Legislative declaration.
(1) The general assembly finds, determines, and declares that, in authorizing expansion of interstate banking to this state, primary consideration should be given to providing positive benefits for the people of this state; to affording protection to bank depositors in this state; to enhancing the opportunity of the people of this state to receive services provided by banks and bank holding companies; and to setting forth the standards under which out-of-state bank holding companies may acquire or control Colorado banks and bank holding companies.
(2) In order to comply with the considerations set forth in subsection (1) of this section with respect to interstate branch banking, the general assembly finds and declares that de novo interstate branching into or out of this state is expressly authorized on or after July 1, 2013, and that interstate branching through the acquisition of one or more branches of an insured financial institution in this state or another state is expressly authorized on or after July 1, 2013.
Source: L. 2003: Entire article added with relocations, p. 1109, § 3, effective July 1. L. 2013: (2) amended, (SB 13-154), ch. 282, p. 1465, § 10, effective July 1.
Editor's note: This section is similar to former § 11-6.4-101 as it existed prior to 2003.
Frequently Asked Questions About Colorado § 11-104-201
What does Colorado Revised Statutes § 11-104-201 cover?
Section 11-104-201 ("Legislative declaration.") 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 § 11-104-201?
A common citation format is "Colorado Revised Statutes § 11-104-201" (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 § 11-104-201 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.