Colorado § 23-3.1-103 Division created - director - staff

Colorado Statutes

§ 23-3.1-103 — Division created - director - staff

Colorado § 23-3.1-103

Title 23Postsecondary Education

Art.Student Loan Program

This text of Colorado § 23-3.1-103 (Division created - director - staff) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 23-3.1-103 (2026).

Text

(1)The student loan division and the office of the director of the division are created in the department of higher education. The division and the office of the director of the division are type 2 entities, as defined in section 24-1-105, and exercise their powers and perform their duties and functions under the department. The director of collegeinvest is the director of the division. The director, with the approval of the executive director of the commission, shall employ such professional and clerical personnel as deemed necessary to carry out the duties and functions of the division. The director and professional personnel hold educational offices and are exempt from the state personnel system.

(2)Personnel hired by the director, with the approval of the executive director

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(1) The student loan division
and the office of the director of the division are created in the department of higher
education. The division and the office of the director of the division are type 2 entities, as defined in section 24-1-105, and exercise their powers and perform their
duties and functions under the department. The director of collegeinvest is the
director of the division. The director, with the approval of the executive director of
the commission, shall employ such professional and clerical personnel as deemed
necessary to carry out the duties and functions of the division. The director and
professional personnel hold educational offices and are exempt from the state
personnel system.

(2) Personnel hired by the director, with the approval of the executive
director of the commission, on and after July 1, 2002, to carry out the duties and
functions of the division shall receive compensation for their services as
determined by the director. Such personnel are declared to hold educational offices
and to be exempt from the state personnel system but shall, by acceptance of
employment, be subject to the provisions of article 51 of title 24, C.R.S.

(3) Any personnel hired within the state personnel system pursuant to
subsection (1) of this section prior to July 1, 2002, shall retain all rights related to
state personnel system and retirement benefits under the laws of this state until
termination of employment with the division; except that, if such personnel accept a
promotion, a voluntary demotion, or a transfer for purposes of a change of duties
performed for the benefit of the division, such personnel shall become exempt from
the state personnel system. Nothing in this subsection (3) shall prohibit personnel
hired prior to July 1, 2002, from continuing membership in the public employees'
retirement association pursuant to the provisions of article 51 of title 24, C.R.S.,
with all attendant rights and duties.

Legislative History

Source: L. 79: Entire article added, p. 808, � 1, effective July 1. L. 84: Entire section amended, p. 618, � 4, effective April 10. L. 2002: Entire section amended, p. 961, � 1, effective June 1. L. 2006: (1) amended, p. 511, � 1, effective July 1. L. 2022: (1) amended, (SB 22-162), ch. 469, p. 3354, � 12, effective August 10.