C.R.S. Section 31-30-1113
Fund investments

(1)

The board may invest all or any part of fund moneys in the name of the board’s treasurer or in the name of a custodian or custodians appointed by the board under this section in interest-bearing obligations of the United States, in interest-bearing bonds of this state, in general obligation bonds of municipalities, whether organized under general law or article XX of the state constitution, or in any depository stated in section 24-75-603, C.R.S., and secured as provided in articles 10.5 and 47 of title 11, C.R.S. By written resolution, the board may appoint one or more persons to act as a custodian or custodians, in addition to the treasurer, to deposit or cause to be deposited all or part of the fund in any state or national bank or any state or federally chartered savings and loan association in this state. The appointed persons shall give surety bonds, and the board shall determine the bonds’ amounts, form, and purposes. These securities and evidences of investment shall be deposited with the treasurer of the municipality or district.

(2)

Upon the board’s direction, the treasurer of a municipality or district may invest part of the fund available for investment, with or without one or more other volunteer firefighter pension funds, in a noninsured trust pension plan with a bank or trust company authorized to exercise trust powers in this state as a trustee. The trustee’s investment of fund moneys is governed by article 1.1 of title 15, C.R.S.

(3)

Notwithstanding subsection (1) of this section, the board may invest all or any part of fund moneys in the name of the board’s treasurer or in the name of a custodian or custodians appointed by the board under this section in one or more of the following:

(a)

Any public-private initiative with the department of transportation, as defined in section 43-1-1201 (3), C.R.S.;

(b)

Bonds issued for turnpikes in accordance with part 2 of article 3 of title 43, C.R.S.; or

(c)

Repealed.

(d)

Any other public-private initiative program for transportation system projects in Colorado authorized by law.

(4)

The board may give preference to the investments described in subsection (3) of this section if such investments are consistent with sound investment policy.

Source: Section 31-30-1113 — Fund investments, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-31.­pdf (accessed Oct. 20, 2023).

31‑30‑101
Authority to provide for classified departments 31‑30‑102
Civil service commission - withdrawal 31‑30‑103
Purpose 31‑30‑104
Contract for conducting examination 31‑30‑105
Ordinance - violation 31‑30‑106
Police to provide identification cards to retired peace officers upon request - definitions 31‑30‑107
Disclosure of knowing misrepresentation by a peace officer required - disclosure waivers - reports - definitions 31‑30‑108
Peace officer hiring - required use of waiver - definitions 31‑30‑109
Behavioral health professionals - grant applications encouraged - definition - repeal 31‑30‑201
Authorization - petition - election 31‑30‑202
Commissioners appointed - terms - vacancies - expenses allowed 31‑30‑203
Merit 31‑30‑204
Removal - public hearings 31‑30‑205
Commission to make rules 31‑30‑206
Positions retained 31‑30‑207
Commission to make inquiries - record - report 31‑30‑208
Fee of applicants 31‑30‑209
Powers of commission 31‑30‑210
Qualifications - notice of examination 31‑30‑1101
Short title 31‑30‑1102
Definitions 31‑30‑1103
Board of trustees - fund 31‑30‑1104
Board - municipality 31‑30‑1105
Board - fire protection district 31‑30‑1106
Board - county improvement district 31‑30‑1107
Board - consolidation or merger 31‑30‑1108
Board powers and duties 31‑30‑1109
Attorney representation 31‑30‑1110
Property tax - other tax revenue 31‑30‑1111
Contribution to fund 31‑30‑1112
State contributions - intent 31‑30‑1113
Fund investments 31‑30‑1114
Fund investment in insurance 31‑30‑1115
Warrants 31‑30‑1116
Treasurer - custodian - segregation of moneys 31‑30‑1117
Exemption from levy 31‑30‑1118
Fund use - other purposes 31‑30‑1119
Board report - municipality 31‑30‑1121
Disability pension - rules - hearing 31‑30‑1122
Retirement pension 31‑30‑1123
Retirement pension - sources of payment 31‑30‑1124
Compliance - insufficient moneys 31‑30‑1125
Supplemental retirement pension 31‑30‑1126
Survivor benefit 31‑30‑1127
Survivor benefit - death from injuries in the line of duty 31‑30‑1128
Optional survivor benefits 31‑30‑1129
Funeral benefit 31‑30‑1130
Fire department dissolution 31‑30‑1131
Volunteer firefighter - employment termination restricted 31‑30‑1132
Retired firefighter - return to active service - benefits 31‑30‑1133
Qualification requirements - internal revenue code - definitions 31‑30‑1134
Statewide accidental death and disability insurance policy - department of local affairs 31‑30‑1201
Short title 31‑30‑1202
Definitions 31‑30‑1203
Volunteer service award plan 31‑30‑1301
Short title 31‑30‑1302
Definitions 31‑30‑1303
Group health insurance plan
Green check means up to date. Up to date

Current through Fall 2024

§ 31-30-1113’s source at colorado​.gov