C.R.S. Section 32-4-544
Legal investments in securities


It shall be legal for any bank, trust company, banker, savings bank, or banking institution; any building and loan association, savings and loan association, or investment company; any other person carrying on a banking or investment business; any insurance company, insurance association, or other person carrying on an insurance business; and any executor, administrator, curator, trustee, or other fiduciary to invest funds or moneys in their custody in any of the securities authorized to be issued pursuant to the provisions of this part 5. Public entities, as defined in section 24-75-601 (1), C.R.S., may invest public funds in such bonds only if said bonds satisfy the investment requirements established in part 6 of article 75 of title 24, C.R.S. Such securities shall be authorized security for all public deposits. Nothing in this section with regard to legal investments shall be construed as relieving any public body or other person of any duty of exercising reasonable care in selecting securities.

Source: Section 32-4-544 — Legal investments in securities, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-32.­pdf (accessed Oct. 20, 2023).

32‑4‑401
Legislative declaration
32‑4‑402
Definitions
32‑4‑403
Purpose, boundaries, and powers
32‑4‑404
Organization
32‑4‑405
Board of directors
32‑4‑406
Powers of districts
32‑4‑407
Inclusion of territory
32‑4‑408
Unincorporated territory
32‑4‑409
Inclusion of incorporated areas
32‑4‑410
Exclusion of unincorporated areas
32‑4‑411
Exclusion election
32‑4‑412
Exclusion of incorporated areas
32‑4‑413
Liability of property included
32‑4‑414
Liability of property excluded
32‑4‑415
Budget law
32‑4‑416
Dissolution of district
32‑4‑501
Legislative declaration
32‑4‑502
Definitions
32‑4‑503
Liberal construction
32‑4‑504
Sufficiency of part 5
32‑4‑505
Limitation on scope of part 5
32‑4‑506
Purpose, boundaries, and powers
32‑4‑507
Powers of public bodies
32‑4‑508
Organization
32‑4‑509
Board of directors
32‑4‑510
Powers of the district
32‑4‑511
Levy and collection of taxes
32‑4‑512
Boundary changes - liability of property
32‑4‑513
Inclusion of territory
32‑4‑514
Annexation and consolidation of territory by municipalities
32‑4‑515
Exclusion of territory
32‑4‑516
Service of areas outside the boundaries of the district
32‑4‑517
Dissolution of districts
32‑4‑518
Elections
32‑4‑519
Authorization
32‑4‑520
Correction of faulty notices
32‑4‑521
Early hearings
32‑4‑522
Rates and service charges
32‑4‑523
Form of borrowing
32‑4‑524
Payment of securities
32‑4‑525
Incontestable recital in securities
32‑4‑526
Security details
32‑4‑527
Sale of securities
32‑4‑528
Application of proceeds
32‑4‑529
Covenants in security proceedings
32‑4‑530
Remedies of security holders
32‑4‑531
Cancellation of paid securities
32‑4‑532
Interest after maturity
32‑4‑533
Refunding bonds
32‑4‑534
Cumulative rights of security holders
32‑4‑535
Issuance of notes and pledge of bonds as collateral security
32‑4‑536
Connections with existing drains and pumping stations
32‑4‑537
Connections with drains serving property - service charges
32‑4‑538
Construction of other sewage disposal systems prohibited
32‑4‑539
Publication of resolution or proceedings - effect - right to contest legality - time limitation
32‑4‑540
Confirmation of contract proceedings
32‑4‑541
Preliminary expenses
32‑4‑542
Tax exemption
32‑4‑543
Freedom from judicial process
32‑4‑544
Legal investments in securities
32‑4‑545
Misdemeanors and civil rights
32‑4‑546
Validation
32‑4‑547
Effect of and limitations upon validation
Green check means up to date. Up to date

Current through Fall 2024

§ 32-4-544’s source at colorado​.gov