Colorado Statutes

§ 23-20-134 — No loans to board or faculty - exception

Colorado·Title 23 Postsecondary Education·Art. University of Colorado
No funds of the university shall ever be, directly or indirectly, loaned to the president or any of the regents, professors, or other officers of the said university; except that the board of regents may make loans secured by an equity interest in real estate in Colorado from funds not appropriated by the general assembly to full-time faculty members if such secured loans are made pursuant to a faculty housing assistance plan promulgated and approved by the board of regents.

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Legislative History

Source: G.L. � 2771. G.S. � 3462. L. 1895: p. 238, � 3. R.S. 08: � 6959. C.L. � 8030. CSA: C. 169, � 33. CRS 53: � 124-2-30. C.R.S. 1963: � 124-2-20. L. 81: Entire section amended, p. 1115, � 1, effective May 28.

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