C.R.S. Section 35-75-119
Investment powers of authority


The authority has the power to invest any funds held in reserve, sinking funds, capital reserve funds, or any funds not required for immediate disbursement in property or in securities in which the state treasurer may legally invest funds subject to his control; 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. In addition, the authority has the power to invest any such funds in unsecured promissory notes of a national bank having the highest investment ratings. Any funds deposited in a banking institution 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 a depository of any funds of the authority may issue indemnifying bonds or may pledge such securities as may be required by the board.

Source: Section 35-75-119 — Investment powers of authority, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-35.­pdf (accessed Oct. 20, 2023).

35‑75‑101
Short title
35‑75‑102
Legislative declaration
35‑75‑103
Definitions
35‑75‑104
Colorado agricultural development authority - creation - membership
35‑75‑105
Organization meeting - chairman - personnel - surety bond - conflict of interest
35‑75‑106
Meetings of board - quorum - expenses
35‑75‑107
General powers and duties of authority
35‑75‑108
Authority - loans to or made by lenders
35‑75‑109
Authority - rules and regulations
35‑75‑110
Notes
35‑75‑111
Bonds
35‑75‑111.5
Issuance of bonds to construct renewable energy generation facilities and electric transmission lines - renewable energy cooperatives
35‑75‑112
Negotiability of bonds
35‑75‑113
Security for bonds and notes
35‑75‑114
Personal liability
35‑75‑115
Purchase
35‑75‑116
Payment of bonds - nonliability of state
35‑75‑117
Exemption from taxation - securities law
35‑75‑118
Fees
35‑75‑119
Investment powers of authority
35‑75‑120
Proceeds as trust funds
35‑75‑121
Agreement of the state not to limit or alter rights of obligees
35‑75‑122
Enforcement of rights of bondholders
35‑75‑123
Bonds eligible for investment
35‑75‑124
Account of activities - receipts for expenditures - report - audit
35‑75‑125
Federal social security act
35‑75‑126
Powers of authority not restricted
35‑75‑201
Legislative declaration - purpose of part
35‑75‑202
Definitions
35‑75‑203
Colorado agricultural value-added development board - creation - members
35‑75‑204
Duties of board - agriculture value-added grants, loans and loan guarantees, and equity investments
35‑75‑205
Grants, loans and loan guarantees, and equity investments - agriculture value-added cash fund - created - report - definition
Green check means up to date. Up to date

Current through Fall 2024

§ 35-75-119’s source at colorado​.gov