§ 23-20-124 — Research building revolving fund - appropriation of fund

There
is established in the office of the treasurer of the university a fund to be known as
the university of Colorado research building revolving fund. There shall be credited
to said fund the user charges or rents authorized by section 23-20-123 and imposed
by the board of regents of the university of Colorado, specific appropriations or
grants or gifts made to said fund, and the proceeds of the sale of anticipation
warrants authorized by sections 23-20-123 to 23-20-125. No payments from
student fees, tuition receipts, or general funds shall be deposited in the research
building revolving fund or used for said programs; except that the board of regents
is authorized, pursuant to sections 23-5-102 and 23-5-103, to pledge the revenues
and net income of any other designated enterprise auxiliary facilities in connection
with bonds or other obligations secured by the research building revolving fund. All
interest accumulated in this fund shall follow the fund. All such moneys so credited
to said fund are appropriated to the university of Colorado for the payment of
maintenance and operating costs for its research buildings and facilities and for the
planning, construction, and equipping of additional research buildings and facilities
for the university of Colorado; except that the board of regents is authorized,
pursuant to sections 23-5-102 and 23-5-103, to pledge the research building
revolving fund in connection with bonds or other obligations issued by or on behalf
of any other designated enterprise auxiliary facilities.

Legislative History

Source: L. 64: p. 632, � 2. C.R.S. 1963: � 124-2-35. L. 86: Entire section amended, p. 830, � 2, effective May 8. L. 91: Entire section amended, p. 550, � 1, effective March 1. L. 99: Entire section amended, p. 851, � 11, effective May 24; entire section amended, p. 904, � 2, effective August 4.