Dividends - when payable

C.R.S. § 11-103-406
in effect
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11-103-406. Dividends - when payable. 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-11.docx#11-103-406Fetched: 10/6/2026

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