Notwithstanding any other provision of law, no state bank shall indemnify or insure any executive officer, director, employee, agent, or person participating in the conduct of affairs of such bank against civil money penalties.L. 2003: Entire article added with relocations, p. 1078, § 3, effective July 1.This section is similar to former § 11-2-118 as it existed prior to 2003.
Colorado Legal Code