Colorado § 22-41-101 Composition of fund

Colorado Statutes

§ 22-41-101 — Composition of fund

Colorado·Title 22 Education·Art. Public School Fund

(1)(Deleted by amendment, L. 2006, p. 608, � 29, effective August 7, 2006.)

(2)The public school fund of the state shall consist of the proceeds of such lands as have been, or may be, granted to the state by the federal government for educational purposes; all estates that may escheat to the state; all other grants, gifts, or devises that may be made to the state for educational purposes; and such other moneys as the general assembly may appropriate or transfer.

(3)Notwithstanding the provisions of subsection (2) of this section, the proceeds from the sale or other disposition of state land pursuant to a nonsimultaneous exchange pursuant to section 36-1-124.5, C.R.S., shall not be deemed a part of the designated trust fund except as provided in section 36-1-124.5 (4), C.R.S.

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(1) (Deleted by amendment, L. 2006, p. 608, � 29, effective August 7, 2006.)

(2) The public school fund of the state shall consist of the proceeds of such
lands as have been, or may be, granted to the state by the federal government for
educational purposes; all estates that may escheat to the state; all other grants,
gifts, or devises that may be made to the state for educational purposes; and such
other moneys as the general assembly may appropriate or transfer.

(3) Notwithstanding the provisions of subsection (2) of this section, the
proceeds from the sale or other disposition of state land pursuant to a
nonsimultaneous exchange pursuant to section 36-1-124.5, C.R.S., shall not be
deemed a part of the designated trust fund except as provided in section 36-1-124.5 (4), C.R.S.

Colorado § 22-41-101 (Composition of fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 73: R&RE, p. 1240, � 1. C.R.S. 1963: � 123-4-1. L. 95: Entire section amended, p. 607, � 3, effective May 22. L. 96: Entire section amended, p. 1795, � 11, effective June 4. L. 97: (3) added, p. 852, � 38, effective May 21. L. 2006: (1) and (2) amended, p. 608, � 29, effective August 7.