The commissioner has the power to issue subpoenas and require attendance of any and all officers, directors, agents, salesmen, collectors, and employees of any association and such other witnesses as he may deem necessary in relation to its affairs, transactions, and conditions, and may require such witnesses to appear and answer such questions as may be put to them by the commissioner, and may require such witnesses to produce such books, papers, or documents in their possession as may be required by the commissioner. Upon application of the commissioner, any person served with a subpoena issued by him may be required, by order of the district court of the county where the association has its principal office, to appear and answer such questions as may be put to him by the commissioner and be required to produce such books, papers, or documents in his possession as may be required by the commissioner.
Source: L. 33: p. 336, § 5. CSA: C. 25, § 51. CRS 53: § 122-6-6. C.R.S. 1963: § 122-5-6.
Structure Colorado Code
Title 11 - Financial Institutions
Article 44 - Division of Financial Services
§ 11-44-101. Division of Financial Services Created
§ 11-44-101.5. Division Subject to Termination - Repeal of Article
§ 11-44-101.6. Financial Services Board - Creation
§ 11-44-101.7. Powers of the Financial Services Board
§ 11-44-101.8. Review of Commissioner Actions by Financial Services Board - Judicial Review
§ 11-44-102. Commissioner - Duties - Employees
§ 11-44-103. Powers of Commissioner
§ 11-44-103.5. Record Retention by the Commissioner
§ 11-44-104. Commissioner May Delegate Powers
§ 11-44-105. Commissioner May Institute Suits
§ 11-44-106. Issuance of Subpoenas
§ 11-44-106.5. Suspension or Removal of Directors, Officers, or Employees
§ 11-44-109. Examination by Commissioner - Procedure - Penalty
§ 11-44-110. Power to Take Possession of Association
§ 11-44-110.5. Supervisory Mergers
§ 11-44-111. Appeal From Commissioner's Action
§ 11-44-113. Procedure Under Court Order
§ 11-44-114. Noncompliance With Orders - Penalty
§ 11-44-114. Noncompliance With Orders - Penalty
§ 11-44-115. Officers to Furnish Schedule of Property
§ 11-44-116. Liquidation Powers of Commissioner
§ 11-44-118. Commissioner and Deputy Not to Accept Gifts
§ 11-44-119. Association's Right to Resort to Court
§ 11-44-120. Records of Commissioner