A credit union shall be deemed an institution for savings and, together with all accumulations therein, shall not be subject to taxation except as to real estate owned. The shares of a credit union shall not be subject to a stock transfer tax when issued by the corporation or when transferred from one member to another.
Source: L. 31: p. 305, § 22. CSA: C. 47, § 22. L. 41: p. 378, § 22. CRS 53: § 38-1-23. C.R.S. 1963: § 38-1-23.
Structure Colorado Code
Title 11 - Financial Institutions
Article 30 - Credit Unions - General Provisions
§ 11-30-101. Definitions - Organization - Charter - Investigation
§ 11-30-101.7. Hearing Procedures for Community Field of Membership Credit Unions
§ 11-30-102. Bylaws of Credit Unions
§ 11-30-105. Exclusive Right to Use "Credit Union" in Title
§ 11-30-105. Exclusive Right to Use "Credit Union" in Title
§ 11-30-106. Examinations - Reports - Powers of Commissioner
§ 11-30-106.5. Assessment of Civil Money Penalties
§ 11-30-107. Fiscal Year - Meetings
§ 11-30-109. Directors and Officers - Compensation
§ 11-30-110. Credit Committee - Credit Officer
§ 11-30-111. Supervisory Committee
§ 11-30-115. Power to Borrow and Loan Money
§ 11-30-117.5. Share Insurance Required - Confidentiality
§ 11-30-119. Expulsion or Withdrawal of Members
§ 11-30-120. Suspension - Liquidation - Procedures
§ 11-30-120.5. Conversion - State to Federal Credit Union - Federal to State Credit Union
§ 11-30-121. Change in Place of Business
§ 11-30-124. Transfer of Functions - Conforming of Statutes
§ 11-30-125. Notice of Branch Opening and Closing
§ 11-30-126. Trust Account - Limited Documentation Required - Certificate of Trust