C.R.S. Section 11-41-103
Use of name “savings and loan association” restricted

It is unlawful for any person, firm, company, association, partnership, society, or corporation, either domestic or foreign, to transact business under any name or title which contains the term “savings and loan”, or use any sign or circulate or use any letterhead, billhead, circular, or paper whatsoever, or advertise in any manner to indicate that its business is the character or kind of business carried on or transacted by a savings and loan association or which is calculated to lead the public to believe that its business is that of a savings and loan association, unless it is lawfully authorized to do business in this state under the provisions of articles 40 to 46 of this title or its charter and is actually engaged in carrying on a savings and loan business in this state under the provisions of said articles 40 to 46, and, upon action brought by the commissioner, injunction will lie to restrain any person, firm, company, partnership, society, corporation, or agent thereof from continuing to violate any of the provisions of this section.

Source: Section 11-41-103 — Use of name "savings and loan association" restricted, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-11.­pdf (accessed Oct. 20, 2023).

11‑41‑101
General organization 11‑41‑102
Restriction on corporate name 11‑41‑103
Use of name “savings and loan association” restricted 11‑41‑104
Articles of incorporation 11‑41‑105
Minimum stock subscription - issuance of preferred stock 11‑41‑106
Approval of articles of incorporation 11‑41‑107
Documents deposited with commissioner 11‑41‑108
Refusal of certificate - appeal 11‑41‑109
Certificate of approval - where articles filed 11‑41‑110
Body corporate 11‑41‑111
Renewal of corporate life 11‑41‑112
Powers of savings and loan associations 11‑41‑112.5
Savings and loan association as fiduciary 11‑41‑113
Federal home loan bank membership 11‑41‑114
How funds invested 11‑41‑115
Interest rates on loans 11‑41‑116
Where associations may operate 11‑41‑117
Insurance of shares 11‑41‑117.5
Insurance of obligations 11‑41‑118
Loans - investment in notes or bonds 11‑41‑119
Loans to members and other loans 11‑41‑121
Merger, consolidation, and transfer 11‑41‑122
Membership fees 11‑41‑123
Directors and meetings 11‑41‑124
Officers or directors to receive no commission 11‑41‑125
Loans to officers and directors 11‑41‑126
Bonds of officers 11‑41‑127
Violations - penalties 11‑41‑128
Acknowledgments 11‑41‑129
Amendment of articles of incorporation 11‑41‑130
Reorganization 11‑41‑130.5
Cessation of business as an association - amendment of articles 11‑41‑131
Dissolution 11‑41‑132
Escheat proceedings 11‑41‑133
Acquisition of majority control over an existing association - definitions 11‑41‑134
Indemnification and personal liability of directors, officers, employees, and agents - legislative declaration
Green check means up to date. Up to date

Current through Fall 2024

§ 11-41-103’s source at colorado​.gov