Colorado § 11-107-103 - Unlawful service as officer or director.
Full text of Colorado Colorado Revised Statutes § 11-107-103 — Unlawful service as officer or director., with citation guidance and answers to common questions.
§ 11-107-103. Unlawful service as officer or director.
(1) It is a criminal offense for any person to serve as an officer or director of a state bank, or serve as commissioner, deputy commissioner, or employee of the division:
(a) Who has been convicted of an unpardoned offense constituting, in the jurisdiction in which the conviction was had, a violation of the banking laws, a felony involving moral turpitude, or a breach of trust;
(b) Who is indebted to the bank for more than thirty days upon a judgment that has become final.
Source: L. 2003: Entire article added with relocations, p. 1135, § 3, effective July 1.
Editor's note: This section is similar to former § 11-11-103 as it existed prior to 2003.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-107-103
What does Colorado Revised Statutes § 11-107-103 cover?
Section 11-107-103 ("Unlawful service as officer or director.") 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 § 11-107-103?
A common citation format is "Colorado Revised Statutes § 11-107-103" (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 § 11-107-103 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.