Matthew Morr

Matthew Morr

Ballard Spahr LLP

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Colorado opt-out signed into law, effects to be seen

As anticipated, on June 5, 2023, Colorado Governor Jared Polis signed into law Colorado HB23-1229, which will exclude consumer loans made in Colorado from the provisions of Section 521 of the Depository Institutions...more

6/13/2023  /  Borrowers , Colorado , Consumer Financial Products , Credit Cards , Depository Institutions , Financial Services Industry , Loans , National Bank Act , Opt-Outs

Curiouser and Curiouser – Colorado Opt-Out Legislation, As Amended, Moves Forward, With a Carve-Out for Certain General Purpose...

A Colorado bill (HB23-1229) that would opt out of Section 521 of the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDA) (codified at 12 U.S.C. 1813d), a federal law enacted to create competitive...more

5/15/2023  /  Banking Sector , Banks , Credit Cards , Depository Institutions
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