reglab/housing_qa huggingface dataset:
CO Code § 10-23-104 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 23 - Cash-Bonding Agents|§ 10-23-104. Fees

     Each professional cash-bail agent and cash-bonding agent shall pay an application fee set by the division in an amount to offset the direct and indirect cost of processing registration applications and issuing a registration.    Each professional cash-bail agent and cash-bonding agent shall pay a registration renewal fee set by the division in an amount that offsets the direct and indirect cost of implementing this article, net of the total amount of the fees paid by that agent under paragraph (c) of this subsection (1).    Each professional cash-bail agent and cash-bonding agent shall pay to the division a fee of one percent on the gross amount of all premiums and fees collected or contracted for the furnishing of bail, less any premium or fee refunded after being collected. The division may lower the fee if the amount collected would exceed the amount needed to implement this article plus a reserve of sixteen and one-half percent.    The premium fee is due and payable on the fifteenth day of January in each year. Any professional cash-bail agent or cash-bonding agent failing or refusing to render a statement and information, or to pay the fee under this section, for more than thirty days after the time specified, is liable for a penalty of up to one hundred dollars for each additional day of delinquency. The division may assess the penalty and interest at a rate of one percent per month or fraction thereof on the unpaid amount from the date when payment was due to the date when full payment is made. The division may suspend the registration of a delinquent agent until any fees, penalties, and interest are fully paid.       The division shall transfer the fees imposed by this section to the treasurer, who shall credit the fee to the division of insurance cash fund created in section 10-1-103.    For the purpose of auditing a professional cash-bail agent's or cash-bonding agent's premium fee statement, the division may examine any books, papers, records, agreements, or memoranda bearing upon the matters required to be included in the premium fee statement. The agent shall make the books, papers, records, agreements, or memoranda available upon request to the division.     History. Source: L. 2012: Entire article added with relocations,(HB 12-1266), ch. 280, p. 1514, § 41, effective July 1.
CO Code § 10-23-107 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 23 - Cash-Bonding Agents|§ 10-23-107. Unlicensed Practice - Penalties

 [ ] A person who acts or attempts to act as a professional cash-bail agent or cash-bonding agent and who is not registered as such under this article is guilty of a misdemeanor and, upon conviction thereof, shall be punished by a fine of not more than one thousand dollars, or by imprisonment in the county jail for not more than one year, or by both such fine and imprisonment. Upon conviction, the court shall require the person to disgorge any profits from acting as a professional cash-bail agent or cash-bonding agent and forward the profits to the state treasurer, who shall deposit the moneys in the general fund.  Editor's note: This version of this section is effective until March 1, 2022.  History. Source: L. 2012: Entire article added with relocations,(HB 12-1266), ch. 280, p. 1522, § 41, effective July 1. L. 2021: Entire section amended,(SB 21-271), ch. 462, p. 3149, § 118, effective March 1, 2022.    Editor's note:    This section is similar to former § 12-7-109 (3) as it existed prior to 2012.    Section 803(2) of chapter 462 (SB 21-271), Session Laws of Colorado 2021, provides that the act changing this section applies to offenses committed on or after March 1, 2022.
CO Code § 10-23-107 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 23 - Cash-Bonding Agents|§ 10-23-107. Unlicensed Practice - Penalties

 [ ] A person who acts or attempts to act as a professional cash-bail agent or cash-bonding agent and who is not registered as such under this article 23 commits a class 2 misdemeanor. Upon conviction, the court shall require the person to disgorge any profits from acting as a professional cash-bail agent or cash-bonding agent and forward the profits to the state treasurer, who shall deposit the moneys in the general fund.  Editor's note: This version of this section is effective March 1, 2022.  History. Source: L. 2012: Entire article added with relocations,(HB 12-1266), ch. 280, p. 1522, § 41, effective July 1. L. 2021: Entire section amended,(SB 21-271), ch. 462, p. 3149, § 118, effective March 1, 2022.
CO Code § 10-23-109 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 23 - Cash-Bonding Agents|§ 10-23-109. Business Practices - Price Limits - Collateral

  A professional cash-bail agent or cash-bonding agent shall not charge a premium or commission of more than the greater of fifty dollars or fifteen percent of the amount of bail furnished. A professional cash-bail agent or cash-bonding agent shall not assess fees for any bail bond posted by the agent with the court unless the fee is for payment of a bail bond filing charged by a court or law enforcement agency, the fee is for the actual cost of storing collateral in a secure, self-service public storage facility, or the fee is for premium financing.    If a professional cash-bail agent or cash-bonding agent has issued a disclosure statement in accordance with section 10-23-108 (2)(b), the agent may use collateral received from the defendant or indemnitor to secure the following obligations:   Compliance with the bond issued on behalf of the principal;    Any balance due on the premium, commission, or fee for the bail bond; and    Any actual costs incurred by the professional cash-bail agent or cash-bonding agent as a result of issuing the bail bond.        History. Source: L. 2012: Entire article added with relocations,(HB 12-1266), ch. 280, p. 1525, § 41, effective July 1.    ANNOTATION   No standing to bring action enjoining release of criminal defendants. Bail bondsmen have no legal interest in bail procedures formulated by a county court decision so as to confer standing on them to bring an action for an injunctive order prohibiting the county court from releasing criminal defendants pursuant to such pretrial release program. Wimberly v. Ettenberg, 194 Colo. 163 , 570 P.2d 535 (1977) (decided under former law).
CO Code § 10-23-110 (2021)
2021 Colorado Code|Title 10 - Insurance|Article 23 - Cash-Bonding Agents|§ 10-23-110. Repeal of Article - Review of Functions

 This article 23 is repealed, effective September 1, 2026. Before its repeal, the functions of the commissioner and the division shall be reviewed in accordance with section 24-34-104 .   History. Source: L. 2012: Entire article added with relocations,(HB 12-1266), ch. 280, p. 1525, § 41, effective July 1. L. 2017: Entire section amended,(SB 17-236), ch. 312, p. 1677, § 1, effective August 9.    Editor's note:   This section is similar to former § 12-7-112 as it existed prior to 2012.
CO Code § 11-10.5-101 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 10.5 - Public Deposit Protection|§ 11-10.5-101. Short Title

 This article shall be known and may be cited as the “Public Deposit Protection Act”.   History. Source: L. 89: Entire article R&RE, p. 593, § 1, effective September 1.    Editor's note:   This section is similar to former § 11-10.5-101 as it existed prior to 1989.
CO Code § 11-10.5-102 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 10.5 - Public Deposit Protection|§ 11-10.5-102. Legislative Declaration

  The general assembly hereby declares that the purpose of this article is to serve the taxpayers and the citizens of Colorado by establishing standards and procedures to ensure the preservation and protection of all public funds held on deposit by a bank that are either not insured by or are in excess of the insured limits of federal deposit insurance, and to ensure the expedited repayment of such funds in the event of default and subsequent liquidation of a bank which holds such deposits.    The general assembly further finds, determines, and declares that the protection of public funds on deposit in banks is a matter of statewide concern and importance and that as such:   The provisions of this article shall prevail over any local government ordinance or resolution and over any home rule or territorial charter provision in conflict therewith; and    The requirement that a national bank comply with the provisions of this article neither encroaches upon the prerogatives of a nationally chartered bank nor exceeds the authority of the state of Colorado.        History. Source: L. 89: Entire article R&RE, p. 593, § 1, effective September 1.    Editor's note:   This section is similar to former § 11-10.5-102 as it existed prior to 1989.
CO Code § 11-10.5-104 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 10.5 - Public Deposit Protection|§ 11-10.5-104. Applicability of Article

 The provisions of this article shall apply to all banks which elect to become eligible public depositories. No bank shall hold any public funds unless such bank has been designated as an eligible public depository pursuant to the provisions of this article.   History. Source: L. 89: Entire article R&RE, p. 595, § 1, effective September 1.
CO Code § 11-10.5-105 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 10.5 - Public Deposit Protection|§ 11-10.5-105. Authority of Banking Board

 The banking board shall have the authority to implement any provision of this article by order and by rule and regulation and may obtain restraining orders and injunctions to prevent violation of or to enforce compliance with the provisions of this article and the orders and rules and regulations issued under such provisions. The authority of the banking board shall be liberally construed to ensure that the purposes of this article are properly implemented.   History. Source: L. 89: Entire article R&RE, p. 595, § 1, effective September 1.    Editor's note:   This section is similar to former § 11-10.5-104 as it existed prior to 1989.
CO Code § 11-10.5-109 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 10.5 - Public Deposit Protection|§ 11-10.5-109. Verification of Collateral Held - Reports Required

  Each eligible public depository shall submit reports at least monthly to the banking board in such format as the banking board may prescribe. Such report shall demonstrate that the eligible public depository is in full compliance with the provisions of this article. In addition, each eligible public depository shall submit copies of its quarterly call reports to the banking board thirty days after the close of each fiscal quarter.    The board of directors of an eligible public depository shall cause an annual audit to be completed at least annually, but at intervals of not more than fifteen months, by an independent accounting firm composed of certified public accountants or a director's examination by a public accountant or any other independent person or persons as determined by the banking board. The banking board shall adopt regulations regarding the qualifications of such public accountant and other independent person or persons who shall assume the responsibility for due care in such directors' examinations. The banking board's regulations shall also establish the scope of such directors' examinations which shall include safeguards to insure that such examinations adequately describe the financial condition of the financial institution. Such independent audit or directors' examination shall be completed and submitted to the banking board within the time lines the banking board requires. Such audits or directors' examinations shall include, but shall not be limited to, the following information:   The official custodian on whose behalf any public funds are held;    The name and address of each such official custodian;    The amount of public funds on deposit for each such custodian;    The amount of federal deposit insurance coverage for each such official custodian;    The eligible collateral pledged for aggregate uninsured public deposits and the market value of such eligible collateral; and    Any other information which may be required by the banking board by rule and regulation.       The banking board may examine all public deposits held by and all eligible collateral required to be maintained by an eligible public depository, and all books, records, and papers pertaining thereto.    Each eligible public depository shall be assessed reasonable expenses by the banking board to meet the costs of any examinations made in accordance with the provisions of this section.     History. Source: L. 89: Entire article R&RE, p. 599, § 1, effective September 1. L. 90: IP(2) amended, p. 667, § 35, effective June 7.    Editor's note:   This section is similar to former §§ 11-10.5-109.5 and 11-50-111 as they existed prior to 1989.
CO Code § 11-10.5-110 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 10.5 - Public Deposit Protection|§ 11-10.5-110. Procedures When Event of Default Occurs

  When the banking board has determined that an eligible public depository has experienced an event of default, the banking board shall proceed in the following manner:   The board shall seize and take possession of all eligible collateral belonging to or held on behalf of the defaulting depository from wherever such eligible collateral is held.    The board shall ascertain the aggregate amounts of public funds held by the defaulting depository as disclosed by the records of such depository. The board shall determine for each official custodian for whom public funds are held by the defaulting depository the accounts and the amount of federal deposit insurance that is available for each account. It shall then determine for each such official custodian the amount of uninsured public funds and the eligible collateral that is pledged to secure such funds. Upon completion of this analysis, the board shall provide each such official custodian with a statement that reports the amount of public funds held by the defaulting depository in his behalf, the amount that may be protected by federal deposit insurance, and the amount that is safeguarded by eligible collateral as required by this article. Each such official custodian shall verify this information from his records within ten working days after receiving the report and information from the banking board.    Upon receipt of a verified report from such official custodian and if the defaulting eligible public depository is to be liquidated or otherwise removed from status as an eligible public depository, the banking board shall proceed to liquidate all eligible collateral held for the safeguarding of public deposits and shall repay each official custodian for the uninsured public deposits held by the depository in his behalf.       In the event that a federal deposit insurance agency is appointed and acts as liquidator or receiver of any eligible public depository under state or federal law, those duties under this article that are specified to be performed by the banking board in the event of default may be delegated to and performed by the said federal deposit insurance agency. Any liquidation occurring under the provisions of this section shall conform to the procedures established in section 11-103-804.     History. Source: L. 89: Entire article R&RE, p. 600, § 1, effective September 1. L. 2003: (2) amended, p. 1206, § 6, effective July 1.    Editor's note:   This section is similar to former § 11-10.5-113 as it existed prior to 1989.
CO Code § 11-10.5-112 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 10.5 - Public Deposit Protection|§ 11-10.5-112. Annual Fees and Assessments

  There is hereby created in the state treasury the public deposit administration fund. The fund shall consist of moneys required to be credited to the fund pursuant to subsection (2) of this section and all interest earned on the investment of the moneys in the fund. Any such interest shall be credited at least annually to said fund. Moneys in the fund shall be subject to appropriation by the general assembly to the banking board to be used solely for the administration and enforcement of the provisions of this article. No moneys shall be appropriated from the general fund for payment of any expenses incurred under this section, and no such expenses shall be charged against the state.    Every eligible public depository shall be assessed an annual fee in an amount established by the banking board for the costs of enforcement and administration of this article. Such fees shall fairly and equitably apply to all eligible public depositories calculated according to the proportion of aggregate public funds that each depository holds in relation to the total of all aggregate public deposits held by all eligible public depositories for each annual period for which they were eligible public depositories. The banking board shall transmit such fees to the state treasurer who shall credit the same to the public deposit administration fund.    All fees assessed against an eligible public depository in accordance with the provisions of section 11-10.5-109 (4) shall be transmitted to the state treasurer who shall credit the same to the public deposit administration fund.    In setting fees, the banking board shall apply the standards imposed on boards and commissions of the division of professions and occupations in the department of regulatory agencies for determining the amount of fees pursuant to the provisions of section 12-20-105.     History. Source: L. 89: Entire article R&RE, p. 602, § 1, effective September 1. L. 90: (2) amended, p. 667, § 36, effective June 7. L. 2019: (4) amended,(HB 19-1172), ch. 136, p. 1658, § 56, effective October 1.    Editor's note:   This section is similar to former § 11-10.5-120 as it existed prior to 1989.
CO Code § 11-24-101 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 24 - Uniform Common Trust Fund Act|§ 11-24-101. Short Title

 This article shall be known and may be cited as the “Uniform Common Trust Fund Act”.   History. Source: L. 47: P. 894, § 5. CSA: C. 18, § 177. CRS 53: § 14-10-5 . C.R.S. 1963: § 14-18-5 .
CO Code § 11-24-102 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 24 - Uniform Common Trust Fund Act|§ 11-24-102. Common Trust Funds Established and Operated

 Any bank or trust company qualified to act as fiduciary in this state may establish and operate, alone or jointly with another bank or trust company qualified to act as fiduciary in this state, common trust funds for the purpose of furnishing investments to itself as fiduciary, to itself and others as cofiduciaries, to other banks or trust companies as fiduciaries, or to other banks or trust companies and others as cofiduciaries. Such fiduciary or cofiduciary may invest funds which it lawfully holds for investment in interests in such common trust funds, if such investment is not prohibited by the instrument, judgment, decree, or order creating such fiduciary relationship, and if, in the case of cofiduciaries, the bank or trust company procures the consent of its cofiduciaries to such investment. Any person acting as cofiduciary with any such bank or trust company is hereby authorized to consent to the investment in such interests. In determining whether the investment of funds received or held by a bank or trust company as fiduciary in a common trust fund is proper, the bank or trust company may consider the common fund as a whole and shall not be prohibited from making such investment because of any particular asset.   History. Source: L. 47: P. 893, § 1. CSA: C. 18, § 173. CRS 53: § 14-10-1 . C.R.S. 1963: § 14-18-1 . L. 77: Entire section amended, p. 563, § 1, effective June 9.
CO Code § 11-24-103 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 24 - Uniform Common Trust Fund Act|§ 11-24-103. Exclusive Management and Control

 Any bank or trust company maintaining one or more common trust funds shall have the exclusive management and control of each common trust fund administered by it and the sole right at any time to sell, convert, exchange, transfer, or otherwise change or dispose of the assets comprising same. Notwithstanding any other provision of law, such bank or trust company may deposit investments of a common trust fund, which investments are securities, with a clearing corporation or with a federal reserve bank pursuant to part 5 of article 1 of title 15, C.R.S., for the account of the bank or trust company and such investments shall be deemed for the purposes of this article to be in the custody of such bank or trust company.   History. Source: L. 47: P. 893, § 4. CSA: C. 18, § 176. CRS 53: § 14-10-3 . C.R.S. 1963: § 14-18-3 . L. 77: Entire section amended, p. 563, § 2, effective June 9.
CO Code § 11-24-104 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 24 - Uniform Common Trust Fund Act|§ 11-24-104. Court Accountings

 Unless ordered by a court of competent jurisdiction, the bank or trust company operating such common trust funds is not required to render a court accounting with regard to such funds; but, by application to the district court, it may secure approval of such an accounting on such conditions as the court may establish.   History. Source: L. 47: P. 893, § 2. CSA: C. 18, § 174. CRS 53: § 14-10-2 . C.R.S. 1963: § 14-18-2 .
CO Code § 11-24-105 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 24 - Uniform Common Trust Fund Act|§ 11-24-105. Uniformity of Interpretation

 This article shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states which enact it.   History. Source: L. 47: P. 893, § 3. CSA: C. 18, § 175. CRS 53: § 14-10-4 . C.R.S. 1963: § 14-18-4 .
CO Code § 11-24-106 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 24 - Uniform Common Trust Fund Act|§ 11-24-106. Existing Fiduciary Relationships

 This article became effective January 1, 1948, and applies to fiduciary relationships then in existence or thereafter established.   History. Source: L. 47: P. 894, § 8. CSA: C. 18, § 178. CRS 53: § 14-10-6 . C.R.S. 1963: § 14-18-6 .
CO Code § 11-24-107 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 24 - Uniform Common Trust Fund Act|§ 11-24-107. Fiduciary Defined

 The word “fiduciary”, whenever used in this article, means a bank or trust company undertaking to act alone or jointly with others primarily for the benefit of another or others in all matters connected with its undertaking and includes personal representatives [including executors, administrators, administrators with the will annexed (cum testamento annexo), administrators in succession acting under a will (de bonis non), ancillary administrators acting under a will, and ancillary executors], special administrators, guardians, conservators, trustees, whether of express or implied trusts, custodians under the “Colorado Uniform Transfers to Minors Act” (notwithstanding anything in said act which may be interpreted as contrary to this grant of authority), assignees, receivers, managing agents, as defined in this section, and any other person acting in a similar capacity. “Managing agent” means a fiduciary acting in the fiduciary relationship assumed upon the creation of a relationship which confers investment discretion on the fiduciary, but as to which the technical legal relationship is that of agent and principal.   History. Source: L. 77: Entire section added, p. 564, § 3, effective June 9. L. 84: Entire section amended, p. 393, § 3, effective July 1.    Cross references:   For the “Colorado Uniform Transfers to Minors Act”, see article 50 of this title 11.