C.R.S. § 11-109-603: No indemnification or insurance against civil money penalties.
Where this section sits in the code
- Title 11 - FINANCIAL INSTITUTIONS
- Article 109 - Trust Companies
- Part 6 - OFFENSES, PENALTIES, REMOVAL, SUSPENSION, AND ENFORCEMENT
Notwithstanding any other provision of law, no trust company shall indemnify or insure any executive officer, director, employee, agent, or person participating in the conduct of affairs of such trust company against civil money penalties.
Collected 2026-09-14T18:37:45Z. Source file · JSON