Colorado § 11-48-107 - Access to automated clearinghouse.
Full text of Colorado Colorado Revised Statutes § 11-48-107 — Access to automated clearinghouse., with citation guidance and answers to common questions.
§ 11-48-107. Access to automated clearinghouse.
Effective January 1, 1978, an automated clearinghouse in this state shall permit direct access to or membership in such clearinghouse by any financial institution if such access is not prohibited by any rule or regulation of the federal reserve board and if the financial institution agrees to abide by the rules of the clearinghouse. For purposes of this section, "automated clearinghouse" means a group of financial institutions or banks which have agreed to abide by certain rules and procedures for the purpose of exchanging payments and settling balances of participating financial institutions on computer tape to accomplish settlement of transactions by posting credits and debits to reserve balances maintained by member banks of the federal reserve systems through the federal reserve system.
Source: L. 77: Entire article added, p. 554, § 3, effective May 20.
ARTICLE 49
Life Care Institutions
11-49-101. Definitions.
11-49-102. Escrow account for entrance fees.
11-49-103. Withdrawal or dismissal of person - refund.
11-49-104. Recording of lien by commissioner.
11-49-105. Reserve requirements.
11-49-106. Annual report by providers - fee.
11-49-107. Examination - fees.
11-49-108. Rules.
11-49-109. Violation.
11-49-110. Article does not apply to facilities licensed by department of public health and environment.
11-49-111. Life care contract and CBCC contract - content.
11-49-112. Register.
11-49-113. Advertisements and solicitations of life care contracts and CBCC contracts - requirements.
11-49-114. Injunction against violations - prosecution.
11-49-115. Local regulations.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 11-48-107
What does Colorado Revised Statutes § 11-48-107 cover?
Section 11-48-107 ("Access to automated clearinghouse.") 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 § 11-48-107?
A common citation format is "Colorado Revised Statutes § 11-48-107" (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 § 11-48-107 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.