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Colorado Revised Statutes Title 11. Financial Institutions § 11-109-305. Application for charter

Current as of January 01, 2022 | Updated by FindLaw Staff

(1) After the capital stock has been fully subscribed, the incorporators shall make application to the banking board for a charter. The incorporators shall submit to the banking board the following:

(a) The proposed articles of incorporation in such form as the banking board, pursuant to rules, shall prescribe and as shall be acceptable to the secretary of state for purposes of filing;

(b) An application for a charter in such form and containing such information as the banking board may require.

(2) If the proposed articles of incorporation or application do not comply with the requirements of this article, and with the requirements of the banking board issued pursuant thereto, the banking board shall, within thirty days after the receipt thereof, return both of the said documents to the incorporators, calling attention to the defects therein.

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Cite this article: FindLaw.com - Colorado Revised Statutes Title 11. Financial Institutions § 11-109-305. Application for charter - last updated January 01, 2022 | https://codes.findlaw.com/co/title-11-financial-institutions/co-rev-st-sect-11-109-305.html

Read this complete Colorado Revised Statutes Title 11. Financial Institutions § 11-109-305. Application for charter on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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