Colorado § 11-109-606 - Informal enforcement authority.
Full text of Colorado Colorado Revised Statutes § 11-109-606 — Informal enforcement authority., with citation guidance and answers to common questions.
§ 11-109-606. Informal enforcement authority.
The banking board, or the commissioner if so authorized by the banking board, shall have authority to initiate informal actions to enforce the provisions of this article. In this regard the banking board or the commissioner may, in its or the commissioner's discretion, enter into written agreements such as a memorandum of understanding with, or an informal commitment letter from, or a strongly worded letter of reprimand to any trust company or any executive officer, director, employee, agent, or other person participating in the conduct of the affairs of the trust company.
Source: L. 2003: Entire article added with relocations, p. 1196, § 3, effective July 1.
Editor's note: This section is similar to former § 11-23-119.5 as it existed prior to 2003.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-109-606
What does Colorado Revised Statutes § 11-109-606 cover?
Section 11-109-606 ("Informal enforcement authority.") 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 § 11-109-606?
A common citation format is "Colorado Revised Statutes § 11-109-606" (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 § 11-109-606 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.