{"data":{"id":"us-co/c.r.s.-11-103-406","jurisdiction":"us-co","citation":"C.R.S. § 11-103-406","heading":"Dividends - when payable.","body":"The board of directors of a state bank may declare dividends from retained earnings and from other components of capital specifically approved by the banking board so long as the declaration is made in compliance with the rules established by the banking board.","path":["Title 11 - FINANCIAL INSTITUTIONS","Article 103 - Organization and Corporate Functions","Part 4 - SHARES AND DISTRIBUTIONS"],"source_url":"https://olls.info/crs/crs2026-title-11.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"1bf9c64f3c522cbced7570c6e56cd4e75840468b7504c80c0184060682dfefa2","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-11-103-405","next":"us-co/c.r.s.-11-103-501"},"notice":"GroundRules: Original legal text. Not legal advice."}