C.R.S. Section 23-21-522
Powers of the authority

  • investments

(1)

The authority has the power:

(a)

To invest any funds not required for immediate disbursement in property or in securities which meet the standard for investments established in section 15-1-304, C.R.S., provided such investment assists the authority in carrying out its public purposes; and to sell from time to time such securities thus purchased and held; and to deposit any securities in any trust bank within or without the state. Any funds deposited in a banking institution or in any depository authorized in section 24-75-603, C.R.S., shall be secured in such manner and subject to such terms and conditions as the board may determine, with or without payment of any interest on such deposit, including, without limitation, time deposits evidenced by certificates of deposit. Any commercial bank incorporated under the laws of this state which may act as depository of any funds of the authority may issue indemnifying bonds or may pledge such securities as may be required by the board of directors.

(b)

Notwithstanding the provisions of paragraph (a) of this subsection (1), to contract with the holders of any of its notes or bonds as to the custody, collection, securing, investment, and payment of any moneys of the authority and of any moneys held in trust or otherwise for the payment of notes or bonds and to carry out such contract. Moneys held in trust or otherwise for the payment of notes or bonds or in any way to secure notes or bonds and deposits of such moneys may be secured in the same manner as moneys of the authority, and all banks and trust companies are authorized to give such security for such deposits.

Source: Section 23-21-522 — Powers of the authority - investments, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-23.­pdf (accessed Oct. 20, 2023).

23‑21‑201
Legislative declaration 23‑21‑202
Definitions 23‑21‑203
Center created - committee established 23‑21‑204
Duties of the school of medicine 23‑21‑301
Legislative declaration 23‑21‑302
Definitions 23‑21‑303
Center created - committee established 23‑21‑304
Duties of the school of medicine 23‑21‑501
Legislative declaration 23‑21‑502
Definitions 23‑21‑503
University of Colorado hospital authority 23‑21‑504
Mission of the authority - obligation to provide uncompensated care - action of the board of directors 23‑21‑505
Authorization for transfer of hospital assets and liabilities to authority 23‑21‑506
Relationship between authority and regents 23‑21‑507
Personnel 23‑21‑508
Retirement benefits - rights of former state employees - PERA membership 23‑21‑509
Status of part 4 corporation - effect of actions taken by part 4 corporation - validation of certain actions 23‑21‑510
Records of board of directors 23‑21‑511
Meetings of board of directors 23‑21‑512
Disclosure of interests required 23‑21‑513
General powers of the authority 23‑21‑514
Bonds and notes 23‑21‑515
Remedies 23‑21‑516
Negotiable instruments 23‑21‑517
Bonds eligible for investment 23‑21‑518
Refunding bonds 23‑21‑519
Nonliability of state for bonds 23‑21‑520
Members of authority not personally liable on bonds 23‑21‑521
Annual report 23‑21‑522
Powers of the authority - investments 23‑21‑523
Agreement of this state 23‑21‑524
This part 5 not a limitation of powers 23‑21‑525
Exemption from property taxation 23‑21‑526
Psychiatric hospital 23‑21‑527
General assembly retains authority to enact laws governing university hospital 23‑21‑528
Severability 23‑21‑601
Legislative declaration 23‑21‑602
Personnel - election to return to state personnel system 23‑21‑603
Pension status of part 4 corporation employees 23‑21‑604
Transfers necessary to accomplish the purposes of this part 6 23‑21‑701
Legislative declaration 23‑21‑702
Definitions 23‑21‑703
Center created 23‑21‑704
Duties of the school of medicine 23‑21‑801
Short title 23‑21‑802
Legislative declaration 23‑21‑803
Definitions 23‑21‑804
Medication-assisted treatment expansion pilot program - created - pilot program location - eligible grant recipients - rules 23‑21‑805
MAT expansion advisory board - created - duties 23‑21‑806
Grant application - criteria - awards 23‑21‑807
Reporting requirements 23‑21‑808
Funding for pilot program 23‑21‑901
Regional health connector workforce program - creation - school of medicine - repeal 23‑21‑1001
Medication for opioid use disorder - consultation - stipends - school of medicine duties - legislative declaration 23‑21‑1101
Legislative declaration 23‑21‑1102
Definitions 23‑21‑1103
Colorado multidisciplinary health-care provider access training program - created 23‑21‑1104
Colorado multidisciplinary health-care provider access training program advisory committee - created - training 23‑21‑1105
Reporting
Green check means up to date. Up to date

Current through Fall 2024

§ 23-21-522’s source at colorado​.gov