Colorado Code
Article 10.5 - Public Deposit Protection
§ 11-10.5-111. Public Funds to Be Deposited Only in Eligible Public Depositories - Responsibilities of Official Custodians and Eligible Public Depositories - Penalty

(b) [ Editor's note: This version of subsection (4)(b) is effective March 1, 2022. ] Any official custodian who violates the provisions of this article 10.5 commits a civil infraction. Upon any such conviction, the court may adjudge that the official custodian be removed from public office.

(c) [ Editor's note: This version of subsection (4)(c) is effective March 1, 2022. ] Any director, bank officer, or manager who knowingly violates the provisions of this article 10.5 commits a civil infraction.




Source: L. 89: Entire article R&RE, p. 601, § 1, effective September 1. L. 2001: (3) amended, p. 155, § 1, effective March 28. L. 2021: (4)(b) and (4)(c) amended, (SB 21-271), ch. 462, p. 3149, § 119, effective March 1, 2022.

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