Colorado § 23-15-102 Legislative declaration

Colorado Statutes

§ 23-15-102 — Legislative declaration

Colorado·Title 23 Postsecondary Education·Art. Colorado Educational and Cultural

(1)The general assembly hereby finds and declares that:

(a)It is the intent of the general assembly to create the Colorado educational and cultural facilities authority to lend money to educational institutions and cultural institutions; to authorize the authority to acquire, construct, reconstruct, repair, alter, improve, extend, own, lease, and dispose of properties to the end that the authority may be able to promote the welfare of the people of this state; to authorize the authority to administer the Colorado education savings program; to permit the bonds or certificates of participation of the authority and the bonds or certificates of participation of other issuers to be designated as Colorado education savings bonds or certificates; and to vest such authority with powers

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(1) The general assembly hereby finds
and declares that:

(a) It is the intent of the general assembly to create the Colorado
educational and cultural facilities authority to lend money to educational
institutions and cultural institutions; to authorize the authority to acquire, construct,
reconstruct, repair, alter, improve, extend, own, lease, and dispose of properties to
the end that the authority may be able to promote the welfare of the people of this
state; to authorize the authority to administer the Colorado education savings
program; to permit the bonds or certificates of participation of the authority and the
bonds or certificates of participation of other issuers to be designated as Colorado
education savings bonds or certificates; and to vest such authority with powers to
enable such authority to accomplish such purposes;

(b) It is important that educational facilities and cultural facilities are made
readily available by networks and organizations of educational institutions and
cultural institutions regardless of whether such networks and organizations are
located within the state of Colorado or have facilities located within or outside the
state of Colorado; and

(c) It is a benefit to the people of the state of Colorado to serve multistate
educational institutions and cultural institutions since education-related and
cultural-related employment opportunities in this state will be created as a result
thereof.

(2) This article shall be liberally construed to accomplish the intentions
expressed in this section.

Colorado § 23-15-102 (Legislative declaration) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 81: Entire article added, p. 1096, � 1, effective July 1. L. 88: (1) amended, p. 849, � 1, effective April 20. L. 89: (1) amended, p. 986, � 1, effective April 8; (1) amended, p. 982, � 1, effective April 12. L. 98: (1) amended, p. 601, � 1, effective May 4. L. 2000: (1) amended, p. 403, � 1, effective April 13. L. 2024: (1)(a) amended, (HB 24-1295), ch. 268, p. 1751, � 1, effective May 28.