An order, a judgment, or a decree providing for an accounting of, or enjoining, restraining, or interfering with the transaction of, the business of any savings and loan association organized or doing business under articles 40 to 46 of this title 11 shall not be made or granted otherwise than upon the application of the attorney general, after the attorney general's approval of a written request by the commissioner for the order, judgment, or decree, except in an action by a judgment creditor or in proceedings supplementary to execution.Amended by 2024 Ch. 350,§ 18, eff. 8/7/2024, app. to the operations of the division of financial services, the commissioner of financial services, the financial services board, credit unions, savings and loan associations, and life care institutions on or after 8/7/2024, including the imposition of fines by the commissioner of financial services against a person who violates a cease-and-desist order or a suspension or removal order.Amended by 2016 Ch. 94, §6, eff. 8/10/2016.L. 33: p. 358, § 14. CSA: C. 25, § 82. CRS 53: § 122-1-9. C.R.S. 1963: § 122-1-9. L. 2016: Entire section amended, (HB 16-1094), ch. 94, p. or removal order.Amended by 2016 Ch. 94, §6, eff. 8/10/2016.L. 33: p. 358, § 14. CSA: C. 25, § 82. CRS 53: § 122-1-9. C.R.S. 1963: § 122-1-9. L. 2016: Entire section amended, (HB 16-1094), ch. 94, p. 265, § 6, effective August 10.Section 67(2) of chapter 350 (HB 24-1381), Session Laws of Colorado 2024, provides that the act changing this section applies to the operations of the division of financial services, the commissioner of financial services, the financial services board, credit unions, savings and loan associations, and life care institutions on or after August 7, 2024, including the imposition of fines by the commissioner of financial services against a person who violates a cease-and-desist order or a suspension or removal order.2024 Ch. 350, was passed without a safety clause. See Colo. Const. art. V, § 1(3).
Colorado Legal Code