§ 11-102-504. No indemnification or insurance against civil money penalties

CO Rev Stat § 11-102-504 (2018) (N/A)
Copy with citation
Copy as parenthetical citation

Notwithstanding any other provision of law, no state bank shall indemnify or insure any executive officer, director, employee, agent, or person participating in the conduct of affairs of such bank against civil money penalties.