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CO SB159
Bill
AI Summary
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Extends the termination date of Colorado's Division of Financial Services from July 1, 2013 to September 1, 2024 by amending the sunset provision in statute 11-44-101.5(2).
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Removes the Division of Financial Services from the list of agencies terminating on July 1, 2013 and adds it to a new category of agencies terminating on September 1, 2024 in statute 24-34-104.
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Repeals an outdated provision limiting credit unions with populations over 100,000 to one additional branch office until January 1, 1997 (statute 11-30-103.5).
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Removes references to "small business development credit corporation" from the Financial Services Board's subpoena authority and eliminates bonding requirements for the commissioner and deputy commissioner.
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Declares the act necessary for immediate preservation of public peace, health, and safety.
Legislative Description
Sunset Division Of Financial Services 2024
Last Action
Governor Action - Signed
5/11/2013