§ 11-59-114. Enforcement by Injunction
Whenever it appears to the securities commissioner upon sufficient evidence satisfactory to the securities commissioner that any person has engaged in or is about to engage in any act or practice constituting a violation of any provision of this article or of any rule or order under this article, the securities commissioner may apply to […]
§ 11-59-115. Criminal and Civil Penalties and Damages
Any person who willfully violates the provisions of section 11-59-112 commits a class 3 felony and shall be punished as provided in section 18-1.3-401, C.R.S. [ Editor’s note: This version of subsection (2) is effective until March 1, 2022.] Any person who willfully violates any of the provisions of this article, other than section 11-59-112, […]
§ 11-59-116. Administrative Proceedings
Any administrative proceeding under this article shall be conducted pursuant to the provisions of section 24-4-105, C.R.S. The securities commissioner may refer the conduct of any administrative proceeding to an administrative law judge pursuant to part 10 of article 30 of title 24, C.R.S. Every hearing in an administrative proceeding shall be public unless the […]
§ 11-59-101. Short Title
This article shall be known and may be cited as the “Colorado Municipal Bond Supervision Act”. Source: L. 91: Entire article added, p. 2404, § 1, effective January 1, 1992.
§ 11-59-117. Judicial Review of Orders
Any person claiming to be aggrieved by a final order of the securities commissioner, including a refusal to issue an order, may obtain judicial review thereof, and the securities commissioner may obtain an order of court for its enforcement in a proceeding as provided in this section. Such proceeding shall be brought in the court […]
§ 11-59-102. Legislative Declaration
The general assembly finds that: The financial reputation and integrity of all local governments and political subdivisions are a matter of statewide concern; There is a growing concern statewide with special districts and municipal and county improvement districts that are either insolvent or threatened with insolvency and the attendant impairment of viability and of the […]
§ 11-59-118. Interpretation and Interpretive Opinions
The provisions and rules of this article shall be coordinated with the provisions and rules of article 51 of this title to the extent that such coordination is consistent with both the purposes and provisions of this article. The securities commissioner may, in such commissioner’s discretion, honor requests from interested persons for interpretive opinions regarding […]
§ 11-59-103. Definitions
As used in this article 59, unless the context otherwise requires: “Appraisal” shall have the same meaning as provided in section 12-10-602 (1). “Bond” means any bond, debenture, or other obligation authorized to be issued by any special district, municipal general improvement district, municipal special improvement district, county local improvement district, or county public improvement […]
§ 11-59-119. Collection of Fees – Division of Securities Cash Fund
A fee payable under this article shall be deemed paid when the securities commissioner receives the payment. The securities commissioner shall transmit all fees collected under this article to the state treasurer, who shall credit the same to the division of securities cash fund created by section 11-51-707. Moneys credited to the division of securities […]
§ 11-59-104. General Powers of Securities Commissioner
The securities commissioner is hereby empowered to administer and enforce all provisions of this article and to provide the division with such books, records, files, and printing and other supplies and such officers and clerical and other assistance as may be necessary in the commissioner’s discretion to perform the duties required of the securities commissioner […]