GroundRules
C.R.S. § 11-102-504: No indemnification or insurance against civil money penalties.
Where this section sits in the code
- Title 11 - FINANCIAL INSTITUTIONS
- Article 102 - Division of Banking
- Part 5 - CONFLICTS OF INTEREST, PENALTIES, REMOVAL, SUSPENSION, ENFORCEMENT
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.
Collected 2026-09-14T18:37:45Z. Source file · JSON