Colorado Code § 11-51-607

Judicial review of orders
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(1) Any person aggrieved by a final order of the
securities commissioner may obtain a review of the order in the court of appeals pursuant to the
provisions of section 24-4-106 (11), C.R.S.
(2) The commencement of proceedings under subsection (1) of this section does not,
unless specifically ordered by the court, operate as a stay of the securities commissioner's order.

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