IRREVOCABLE LETTERS OF CREDIT IN LIEU OF SURETY BONDS UNDER THE COLORADO FARM PRODUCTS ACT AND THE COLORADO COMMODITY HANDLER ACT [Repealed eff. 07/30/2014]
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Code of Colorado Regulations › 1200 Department of Agriculture › 1202 Inspection and Consumer Services Division › 8 CCR 1202-8
Text
FARM PRODUCTS ACT AND THE COLORADO COMMODITY HANDLER ACT - Repealed eff.
07/30/2014
8 CCR 1202-8
[Editor’s Notes follow the text of the rules at the end of this CCR Document.]
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Statement of Basis, Specific Statutory Authority and Purpose
Adopted June 11, 2014 – Effective July 30, 2014
Statutory Authority:
These rules are adopted pursuant to sections 11-35-101.5, 12-16-117, and 12-16-210 C.R.S.
Purpose:
The purpose of this rule change is to consolidate all the rules regarding the Farm Products and
Commodity Handler Acts into one section within 8 CCR 1202-11.
Factual and Policy Basis:
The factual and policy issues pertaining to the adoption of this permanent rule amendment are as
follows:
Currently these rules which address irrevocable letters of credit and bonds are codified in
8 CCR 1202-08. In order to consolidate these rules into one set of rules at 8 CCR 1202-
11 these rules are being deleted from their current location.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.