Credits on loan shares of all persons indebted to any savings and loan association in the possession of the commissioner, whether such indebtedness is due or to become due, shall be applied by him on account of such indebtedness.
Source: L. 33: p. 349, § 16. CSA: C. 25, § 62. CRS 53: § 122-6-17. C.R.S. 1963: § 122-5-17.
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