(I) That the person proposing to acquire control is qualified by character, experience, and financial responsibility to control the state bank in a legal and proper manner;
(II) That the interests of the public generally will not be jeopardized by the proposed acquisition; and
(III) That the person proposing to acquire control has satisfied the requirements of subsections (1) to (7) of this section and the other provisions of articles 101 to 109 of this title.
Source: L. 2003: Entire article added with relocations, p. 1070, § 3, effective July 1.
Editor's note: This section is similar to former § 11-2-109 as it existed prior to 2003.
Structure Colorado Code
Title 11 - Financial Institutions
Article 102 - Division of Banking
Part 3 - Records, Reporting, and Information
§ 11-102-301. Examinations and Examiner's Reports
§ 11-102-302. Bank Reports to Banking Board - Generally
§ 11-102-303. Bank Reports to Banking Board - Requirements for Acquiring Control
§ 11-102-304. Commissioner's Annual Report - Publications
§ 11-102-306. Information Confidential