1997
HOUSE BILL 971191
BY REPRESENTATIVE Bacon;
also SENATOR Alexander.
CONCERNING APPEALS OF FINAL ORDERS OF THE STATE FINANCIAL
SERVICES BOARD.
Be it enacted by the General Assembly of the State
of Colorado:
SECTION 1. 1144101.8
(2), Colorado Revised Statutes, 1987 Repl. Vol., as amended, is
amended to read:
1144101.8. Review of commissioner
actions by financial services board judicial review.
(2) Any credit union, savings and loan association,
or life care institution or provider, or any officer, director,
employee, agent, advisor, or volunteer thereof, OR ANY OTHER PARTY,
aggrieved or directly affected by a final order of the board,
may obtain judicial review thereof by filing an action for review
pursuant to the provisions of section 244106, C.R.S.,
with the Colorado court of appeals pursuant to section 244106
(11), C.R.S. The commencement of such proceeding does not, unless
specifically ordered by the court, operate as a stay of the board's
ruling, order, decision, or other action.
SECTION 2. Effective
date applicability. This act shall take
effect upon passage and shall apply to appeals filed on or after
said date.
SECTION 3. Safety
clause. The general assembly hereby finds, determines, and
declares that this act is necessary for the immediate preservation
of the public peace, health, and safety.
____________________________ ____________________________
Charles E. Berry Tom Norton
SPEAKER OF THE HOUSE PRESIDENT OF
OF REPRESENTATIVES THE SENATE
____________________________ ____________________________
Judith M. Rodrigue Joan M. Albi
CHIEF CLERK OF THE HOUSE SECRETARY OF
OF REPRESENTATIVES THE SENATE
APPROVED________________________________________
_________________________________________
Roy Romer
GOVERNOR OF THE STATE
OF COLORADO