Colo. Rev. Stat. § 11-110-507
Maintenance of license - suspension and revocation
Colorado · Colorado Revised Statutes Title 11 — Financial Institutions · Status: effective
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- Colo. Rev. Stat. § 11-110-507, Maintenance of license - suspension and revocation, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2289945
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Full text
(1) If a licensee does not continue to meet the qualifications or satisfy the requirements for an applicant for a new money transmission license described in this article 110, the banking board may suspend or revoke the licensee's license in accordance with the procedures established by this article 110 or other applicable state law for such suspension or revocation.
(2) An applicant for a money transmission license shall demonstrate that the applicant meets or will meet, and a licensee shall at all times meet, the requirements in sections 11-110-1001, 11-110-1002, and 11-110-1003.