CO SB068

Permits Colorado state credit unions with principal place of business in Colorado to establish new branches in any other state upon thirty days' written notice to the state commissioner of financial services.

Authorizes the state commissioner of financial services to enter into agreements with other state credit union regulators for examination and supervision of out-of-state branch offices.

Clarifies that the bill does not supersede any requirements set forth in Section 11-30-101.7 of Colorado law.

Takes effect 12:01 a.m. on the day following the ninety-day period after final adjournment of the 2020 general assembly (August 5, 2020, if adjournment occurred on May 6, 2020), or on the date of official vote declaration if subject to a referendum petition.