Colo. Rev. Stat. § 11-44-103
The commissioner has general supervision and control over all domestic and foreign savings and loan associations doing business in this state and may grant, refuse, or revoke a permit or license to any association to do business in this state when the association is not conducting its business in conformity with the laws of the state or is conducting its business in an unsafe manner that renders its further operations hazardous to the public or any of the association's shareholders. All articles of incorporation and amendments to the articles, all bylaws and amendments to the bylaws, and all certificates of stock and shares of associations subject to articles 40 to 46 of this title 11 shall be submitted to the commissioner for the commissioner's approval or disapproval, and the commissioner may approve, modify, or reject any articles of incorporation or amendments, bylaws or amendments, or certificates of stock or shares. The commissioner may prescribe all necessary and proper rules for the conduct and operation of savings and loan associations in this state and shall prescribe the manner in which the books and records of associations doing business in this state are kept.
C.R.S. § 11-44-103
Section 67(2) of chapter 350 (HB 24-1381), Session Laws of Colorado 2024, provides that the act changing this section applies 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 August 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.