Colorado § 11-110-507 - Maintenance of license - suspension and revocation.
Full text of Colorado Colorado Revised Statutes § 11-110-507 — Maintenance of license - suspension and revocation., with citation guidance and answers to common questions.
§ 11-110-507. Maintenance of license - suspension and revocation.
(1) If a licensee does not continue to meet the qualifications or satisfy the requirements for an applicant for a new money transmission license described in this article 110, the banking board may suspend or revoke the licensee's license in accordance with the procedures established by this article 110 or other applicable state law for such suspension or revocation.
(2) An applicant for a money transmission license shall demonstrate that the applicant meets or will meet, and a licensee shall at all times meet, the requirements in sections 11-110-1001, 11-110-1002, and 11-110-1003.
Source: L. 2025: Entire article R&RE, (HB 25-1201), ch. 91, p. 393, § 1, effective August 6.
PART 6
ACQUISITION OF CONTROL AND CHANGE OF KEY INDIVIDUAL
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-110-507
What does Colorado Revised Statutes § 11-110-507 cover?
Section 11-110-507 ("Maintenance of license - suspension and revocation.") 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 § 11-110-507?
A common citation format is "Colorado Revised Statutes § 11-110-507" (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 § 11-110-507 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.