Neither the commissioner nor the commissioner's deputy shall receive or accept any bribe, gratuity, or reward from any person or association for any purpose or knowingly and willfully make any false or fraudulent report of the condition of any association for any purpose. One or more of the directors of an association may be present at an examination of the affairs of an association, but the absence of any or all of the officers or directors does not prevent the commissioner or the commissioner's deputy from proceeding with an examination.
Amended by 2024 Ch. 350,§ 54, eff. 8/7/2024, app. to the operations of the division of financial services, the commissioner of financial services, the financial services board, credit unions, savings and loan associations, and life care institutions on or after 8/7/2024, including the imposition of fines by the commissioner of financial services against a person who violates a cease-and-desist order or a suspension or removal order.L. 33: p. 349, § 17. CSA: C. 25, § 63. CRS 53: § 122-6-18. C.R.S. 1963: § 122-5-18.2024 Ch. 350, was passed without a safety clause. See Colo. Const. art. V, § 1(3).