reglab/housing_qa huggingface dataset:
CO Code § 11-51-701 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 7 - Administration and Fees|§ 11-51-701. Division of Securities - Creation - Powers and Duties

 There is hereby created the division of securities within the department of regulatory agencies, the head of which shall be the commissioner of securities, who shall be appointed by the executive director of the department of regulatory agencies, pursuant to the provisions of section 13 of article XII of the state constitution, and the securities board. The division shall be responsible for the administration of the provisions of articles 51, 53, and 59 of this title and part 7 of article 75 of title 24, C.R.S., and shall perform such other duties as are imposed upon it by law.   History. Source: L. 90: Entire article R&RE, p. 734, § 1, effective July 1. L. 91: Entire section amended, p. 2425, § 3, effective June 8. L. 93: Entire section amended, p. 327, § 3, effective July 1. L. 94: Entire section amended, p. 1845, § 9, effective July 1.    Editor's note:   This section is similar to former § 11-51-103 as it existed prior to 1990.   ANNOTATION   Law reviews. For article, “Recent Developments Affecting Securities Litigation in Colorado”, see 13 Colo. Law. 1161 (1984).   Applied in Barreras v. People, 636 P.2d 686 (Colo. 1981) (decided under § 11-51-103 as it existed prior to the 1990 repeal and reenactment of this article).
CO Code § 11-51-705 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 7 - Administration and Fees|§ 11-51-705. Interpretive Opinions

 The securities commissioner may honor requests from interested persons for confirmation of the applicability of particular exemptions from securities registration under sections 11-51-307 to 11-51-309 or for other interpretive opinions regarding any provision of this article. Any person making such a request shall pay an opinion fee, which shall be determined and collected pursuant to section 11-51-707 and which shall not be refundable. In response to any request for a confirmation or other interpretive opinion received under this section, the securities commissioner may waive any condition imposed under this article as it applies to the person making such request.   History. Source: L. 90: Entire article R&RE, p. 736, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-51-126 as it existed prior to 1990.
CO Code § 11-51-706 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 7 - Administration and Fees|§ 11-51-706. Consent to Service of Process

  An applicant for licensing under this article, a person filing a registration statement under this article, and an issuer who proposes to offer in this state through an agent a security registered under this article shall file with the securities commissioner, in such form as the securities commissioner by rule prescribes, an irrevocable consent appointing the securities commissioner or the successor in office of the securities commissioner to be the attorney for said person to receive service of any lawful process in any noncriminal suit, action, or proceeding against such person, or the successor, executor, or administrator of such person, arising under this article or any rule or order under this article after the consent has been filed with the same force and validity as if served personally on the person filing the consent.    A person who has filed a consent in compliance with subsection (1) of this section in connection with a previous application for licensing or registration need not file an additional consent, but the securities commissioner may request, and in response to such request such person shall provide, verification of such previous consent.    Service upon any person who has filed a consent pursuant to subsection (1) of this section may be made by leaving a copy of the process in the office of the securities commissioner, but it is not effective unless the plaintiff, who may be the securities commissioner in a suit, action, or proceeding instituted by the securities commissioner, forthwith sends a notice of the service and a copy of the process by registered mail to the defendant or respondent at the last address on file with the securities commissioner and unless the plaintiff's affidavit of compliance with this subsection (3) is filed in the case on or before the return day of the process, if any, or within such further time as the court allows.    The methods of service of process provided for in this section are in addition to other methods of service of process provided for by law, including section 13-1-124, C.R.S. Any violation of this article shall be deemed to constitute the transaction of business within this state for the purpose of section 13-1-124, C.R.S.     History. Source: L. 90: Entire article R&RE, p. 736, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-51-127 as it existed prior to 1990.   ANNOTATION   Prima facie evidence of violation of this article 51 held sufficient to support long-arm jurisdiction over nonresident defendant, as stated in subsection (4). Rome v. Reyes, 2017 COA 84 , 401 P.3d 75.
CO Code § 11-51-708 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 7 - Administration and Fees|§ 11-51-708. Administrative Files

  A document is filed when it is received by the securities commissioner.    The securities commissioner shall keep a register of all applications for licenses and registration statements which are or have ever been effective under this article and all orders which have been entered under this article. The register shall be open for public inspection.    The information contained in or filed with any registration statement, application, or report may be made available to the public under article 72 of title 24, C.R.S.    Upon request and at such reasonable charges as the securities commissioner prescribes, the securities commissioner shall furnish to any person photostatic or other copies of any entry in the register or any document which is a matter of public record and may certify their authenticity; and the securities commissioner may also provide certification of the absence of any entry in the register or the absence of any document or other record from division files which are of public record. In any action, proceeding, or prosecution under this article, any copy so certified, and any certification by the securities commissioner as to the absence of any such entry, document, or record from division files, are prima facie evidence of the contents of the entry, document, or record so certified or of the absence of the entry, document, or record which is the subject of such certification.     History. Source: L. 90: Entire article R&RE, p. 738, § 1, effective July 1.    Editor's note:   This section is similar to former § 11-51-126 as it existed prior to 1990.
CO Code § 11-51-801 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 8 - Effective Date - Repeal of Article|§ 11-51-801. Effective Date of Article

 This article shall be effective on and after July 1, 1990, subject to the provisions of section 11-51-802 .   History. Source: L. 90: Entire article R&RE, p. 738, § 1, effective July 1.
CO Code § 11-51-803 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 8 - Effective Date - Repeal of Article|§ 11-51-803. Repeal of Article

  This article is repealed, effective September 1, 2026.    Prior to such repeal, the division of securities shall be reviewed as provided for in section 24-34-104, C.R.S.     History. Source: L. 90: Entire article R&RE, p. 740, § 1, effective July 1. L. 91: Entire section amended, p. 678, § 8, effective April 20. L. 94: (1) amended, p. 1847, § 12, effective July 1. L. 2004: (1) amended, p. 520, § 7, effective July 1. L. 2015: (1) amended, (SB 15-104), ch. 177, p. 578, § 7, effective May 11.
CO Code § 11-51-901 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 9 - Local Government Investment Pool Trust Fund Administration and Enforcement Act|§ 11-51-901. Short Title

 This part 9 shall be known and may be cited as the “Local Government Investment Pool Trust Fund Administration and Enforcement Act”.   History. Source: L. 93: Entire part added, p. 327, § 4, effective July 1.
CO Code § 11-51-902 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 9 - Local Government Investment Pool Trust Fund Administration and Enforcement Act|§ 11-51-902. General Powers of Securities Commissioner

 The securities commissioner is hereby empowered to administer and enforce the provisions of part 7 of article 75 of title 24, C.R.S., and all the provisions of this part 9.   History. Source: L. 93: Entire part added, p. 327, § 4, effective July 1.
CO Code § 11-51-903 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 9 - Local Government Investment Pool Trust Fund Administration and Enforcement Act|§ 11-51-903. Interests in Local Government Investment Pool Trust Fund

  For the purposes of this part 9, unless the context otherwise requires:   The interest of a participating local government in a local government investment pool trust fund is a “security”, as defined by section 11-51-201 (17); and    The solicitation of a local government to participate in a local government investment pool trust fund constitutes an “offer” to sell a security, as defined by section 11-51-201 (13)(c), by the trust fund to the local government, and the consummation of an agreement to participate in a local government investment pool trust fund constitutes a “sale” of a security, as defined by section 11-51-201 (13)(a), by the trust fund to the local government.        History. Source: L. 93: Entire part added, p. 327, § 4, effective July 1.
CO Code § 11-51-904 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 9 - Local Government Investment Pool Trust Fund Administration and Enforcement Act|§ 11-51-904. Requirement for Registration of Local Government Investment Pools

  It is unlawful for the board of trustees of any local government investment pool trust fund to permit the investment of trust fund assets unless the trust fund is registered with the securities commissioner under this part 9.    It is unlawful for a local government to participate in a local government investment pool trust fund unless the trust fund is registered with the securities commissioner under this part 9.     History. Source: L. 93: Entire part added, p. 328, § 4, effective July 1.
CO Code § 11-51-905 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 9 - Local Government Investment Pool Trust Fund Administration and Enforcement Act|§ 11-51-905. General Registration Requirements

  A local government investment pool trust fund shall register with the securities commissioner under this part 9 by filing a notice, in such form as prescribed by the securities commissioner, and a copy of the resolution adopted pursuant to section 24-75-703, C.R.S.    Any local government investment pool trust fund organized pursuant to the provisions of part 7 of article 75 of title 24, C.R.S., as it existed prior to July 1, 1993, shall register with the securities commissioner under this part 9 by filing a notice, in such form as prescribed by the securities commissioner, and the resolution adopted pursuant to the provisions of part 7 of article 75 of title 24, C.R.S., as it existed prior to July 1, 1993, no later than thirty days after July 1, 1993.    The information to be provided to the securities commissioner by a local government investment pool trust fund in the notice for registration shall include, but need not be limited to:   The name and address of the trust fund;    The name and address of the administrator of the trust fund;    The name and address of each of the custodians of the assets of the trust fund;    The name and address of each of the investment advisers of the trust fund and each of the financial institutions acting in an advisory capacity for the trust fund;    Identification of each participating local government in the trust fund; and    The total assets of the trust fund as of the date of filing.       Every filing of the notice and resolution required under this section shall be accompanied by a fee, which shall be determined and collected pursuant to section 11-51-707; except that no such registration fee shall be more than five thousand dollars.     History. Source: L. 93: Entire part added, p. 328, § 4, effective July 1.
CO Code § 11-51-907 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 9 - Local Government Investment Pool Trust Fund Administration and Enforcement Act|§ 11-51-907. Access to Records

  The securities commissioner, in a manner reasonable under the circumstances, may examine, without notice, any accounts held by a custodian on behalf of a local government investment pool trust fund and all books, records, and papers pertaining thereto, and all accounts, books, records, and papers pertaining thereto, within or without this state, in the possession of any administrator, the board of trustees, any investment adviser of or broker-dealer or financial institution acting in an advisory capacity to the trust fund, any person employed by or directly associated with such broker-dealer or financial institution in connection with providing such advisory services, or any investment adviser representative.    The securities commissioner, in a manner reasonable under the circumstances, may copy, or cause to be copied, or request from and shall receive copies of such documents as are made and maintained by the custodians, administrator, board of trustees, investment adviser of or broker-dealer or financial institution acting in advisory capacity to the trust fund, any person employed by or directly associated with such broker-dealer or financial institution in connection with providing such advisory services, or any investment advisor representative in connection with a local government investment pool trust fund in the normal course of business, at the expense of such person, in order to determine compliance with this part 9 and part 7 of article 75 of title 24, C.R.S., as amended.     History. Source: L. 93: Entire part added, p. 330, § 4, effective July 1.
CO Code § 11-51-908 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 9 - Local Government Investment Pool Trust Fund Administration and Enforcement Act|§ 11-51-908. Confidentiality of Information

 Financial information and the identities of participating local governments in the possession of, filed with, or obtained by the securities commissioner under this part 9 shall be confidential. No such information may be disclosed by the securities commissioner or any of the officers or employees of the division of securities except in connection with any investigation or proceeding or with the consent of the board of trustees of the local government investment pool trust fund to which such information pertains. Such information shall be construed as information within the meaning of section 24-72-204 (3)(a)(IV) , C.R.S.   History. Source: L. 93: Entire part added, p. 331, § 4, effective July 1.
CO Code § 11-51-1001 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 10 - Protect Vulnerable Adults From Financial Exploitation Act|§ 11-51-1001. Short Title

 The short title of this part 10 is the “Protection of Vulnerable Adults from Financial Exploitation Act”.   History. Source: L. 2017: Entire part added, (HB 17-1253), ch. 289, p. 1604, § 2, effective July 1.
CO Code § 11-51-1002 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 10 - Protect Vulnerable Adults From Financial Exploitation Act|§ 11-51-1002. Definitions

 As used in this part 10, unless the context otherwise requires:    “Broker-dealer” has the same meaning as in section 11-51-201 (2).    “Eligible adult” means:   A person seventy years of age or older; or    An individual eighteen years of age or older who is susceptible to mistreatment or self-neglect because the individual is unable to perform or obtain services necessary for his or her health, safety, or welfare, or lacks sufficient understanding or capacity to make or communicate responsible decisions concerning his or her person or affairs.       “Financial exploitation” means an act or omission committed by a person who:   Uses deception, harassment, intimidation, or undue influence to permanently or temporarily deprive an eligible adult of the use, benefit, or possession of any thing of value;    Employs the services of a third party for the profit or advantage of the person or another person to the detriment of the eligible adult;    Forces, compels, coerces, or entices an eligible adult to perform services for the profit or advantage of the person or another person against the will of the eligible adult; or    Misuses the property of an eligible adult in a manner that adversely affects the eligible adult's ability to receive health care or health-care benefits or to pay bills for basic needs or obligations.       “Investment adviser” has the same meaning as in section 11-51-201 (9.5).    “Investment adviser representative” has the same meaning as in section 11-51-201 (9.6).    “Qualified individual” means any sales representative, investment adviser representative, or person who serves in a supervisory, compliance, or senior investor protection capacity for a broker-dealer or investment adviser.    “Sales representative” has the same meaning as in section 11-51-201 (14).     History. Source: L. 2017: Entire part added, (HB 17-1253), ch. 289, p. 1604, § 2, effective July 1.
CO Code § 11-51-1003 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 10 - Protect Vulnerable Adults From Financial Exploitation Act|§ 11-51-1003. Governmental Disclosures - Immunity

  If a qualified individual, while acting within the scope of employment, reasonably believes that financial exploitation of an eligible adult may have occurred, may have been attempted, or may be or is being attempted, the broker-dealer or investment adviser shall promptly notify the commissioner of securities appointed pursuant to section 11-51-701. The securities commissioner shall forward a copy of the report within one business day to local law enforcement and to the county department of human or social services handling adult protective services.    A qualified individual who, in good faith and exercising reasonable care, makes a disclosure of information pursuant to this section is immune from administrative or civil liability that might otherwise arise from the disclosure or for any failure to notify the customer of the disclosure.     History. Source: L. 2017: Entire part added, (HB 17-1253), ch. 289, p. 1605, § 2, effective July 1.
CO Code § 11-51-1004 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 10 - Protect Vulnerable Adults From Financial Exploitation Act|§ 11-51-1004. Third-Party Disclosures - Immunity

  If a qualified individual, while acting within the scope of employment, reasonably believes that financial exploitation of an eligible adult may have occurred, been attempted, or may be or is being attempted, a qualified individual may notify any third party previously designated by or reasonably associated with the eligible adult. Disclosure may not be made to any designated third party that is suspected of financial exploitation or other abuse of the eligible adult.    Notwithstanding the provisions of subsection (1) of this section, if the qualified individual is also a person listed in section 18-6.5-108 (1)(b) and the qualified individual has made a report to law enforcement as required by section 18-6.5-108 (1), the report required by subsection (1) of this section does not have to be filed with the commissioner.    A qualified individual who, in good faith and exercising reasonable care, complies with this section is immune from any administrative or civil liability that might otherwise arise from the disclosure.     History. Source: L. 2017: Entire part added, (HB 17-1253), ch. 289, p. 1605, § 2, effective July 1.
CO Code § 11-51-1005 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 10 - Protect Vulnerable Adults From Financial Exploitation Act|§ 11-51-1005. Delaying Disbursements - Immunity

  A broker-dealer or investment adviser may delay a disbursement from an account of an eligible adult, or an account on which an eligible adult is a beneficiary, if:   The broker-dealer or investment adviser, reasonably believes, after initiating an internal review of the requested disbursement and the suspected financial exploitation, that the requested disbursement may result in financial exploitation of an eligible adult; and    The broker-dealer or investment adviser:   Immediately, but in no event more than two business days after the requested disbursement, provides written notification of the delay and the reason for the delay to all parties authorized to transact business on the account, unless any such party is reasonably believed to have engaged in suspected or attempted financial exploitation of the eligible adult;    Immediately, but in no event more than two business days after the requested disbursement, notifies the reporting agencies; and    Continues its internal review of the suspected or attempted financial exploitation of the eligible adult, as necessary, and reports the review's results to the commissioner within seven business days after the requested disbursement.          Any delay of a disbursement as authorized by this section expires upon the sooner of:   A determination by the broker-dealer or investment adviser that the disbursement will not result in financial exploitation of the eligible adult; or    Fifteen business days after the date on which the broker-dealer or investment adviser first delayed disbursement of the funds, unless the commissioner requests that the broker-dealer or investment adviser extend the delay. If a delay is requested, the delay expires no more than twenty-five business days after the date on which the broker-dealer or investment adviser first delayed disbursement of the funds unless sooner terminated or extended by the commissioner or an order of a court of competent jurisdiction.       A court of competent jurisdiction may also enter an order extending the delay of the disbursement of funds or may order other protective relief based on the petition of the commissioner of securities, protective services for eligible adults, the broker-dealer or investment adviser that initiated the delay under this section, or other interested party.    A broker-dealer or investment adviser who, in good faith and exercising reasonable care, complies with this section is immune from any administrative or civil liability that might otherwise arise from the delay in a disbursement in accordance with this section.     History. Source: L. 2017: Entire part added, (HB 17-1253), ch. 289, p. 1606, § 2, effective July 1.
CO Code § 11-51-1006 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 51 - Securities|Part 10 - Protect Vulnerable Adults From Financial Exploitation Act|§ 11-51-1006. Immunity for Nondisclosure

 A qualified individual who, in good faith and exercising reasonable care, fails to report pursuant to this part 10 is immune from any administrative, criminal, or civil liability for his or her failure to report.   History. Source: L. 2017: Entire part added, (HB 17-1253), ch. 289, p. 1607, § 2, effective July 1.