Colorado § 23-3.1-204 Organizational meeting - chairperson - conflict of interest

Colorado Statutes

§ 23-3.1-204 — Organizational meeting - chairperson - conflict of interest

Colorado § 23-3.1-204

Title 23Postsecondary Education

Art.Student Loan Program

This text of Colorado § 23-3.1-204 (Organizational meeting - chairperson - conflict of interest) 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. § 23-3.1-204 (2026).

Text

(1)On or before July 15, 2000, a member of the board, designated by the governor, shall call and convene the initial organizational meeting of the board after transfer of the authority to the department and shall serve as its chairperson pro tempore. At such meeting, appropriate bylaws shall be presented for adoption. The bylaws may provide for the delegation of certain powers and duties and such other matters as the authority deems proper. At such meeting, and annually thereafter, the board shall elect one of its members as chairperson and one as vice-chairperson.

(2)The director or any other person designated by the board shall keep a record of the proceedings of the board and shall be custodian of all books, documents, and papers filed with the board and the minute books or

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(1)
On or before July 15, 2000, a member of the board, designated by the governor,
shall call and convene the initial organizational meeting of the board after transfer
of the authority to the department and shall serve as its chairperson pro tempore.
At such meeting, appropriate bylaws shall be presented for adoption. The bylaws
may provide for the delegation of certain powers and duties and such other matters
as the authority deems proper. At such meeting, and annually thereafter, the board
shall elect one of its members as chairperson and one as vice-chairperson.

(2) The director or any other person designated by the board shall keep a
record of the proceedings of the board and shall be custodian of all books,
documents, and papers filed with the board and the minute books or journal of the
board. Said director or other person may cause copies to be made of all minutes and
other records and documents of the board and may give certificates to the effect
that such copies are true copies and all persons dealing with the authority may rely
on such certificates.

(3) The board may delegate to one or more of its members or to its director
such powers and duties as it may deem proper and to its director or any other
person designated by the board, the power to fix the interest rates of any particular
issue, subject to such limitations as shall be prescribed by the board.

(4) (Deleted by amendment, L. 2004, p. 563, � 8, effective July 1, 2004.)

(5) Any member of the board shall disqualify himself or herself from voting
on any issue in which he or she has a conflict of interest unless such member has
disclosed such conflict of interest in compliance with section 18-8-308, C.R.S.

Legislative History

Source: L. 79: Entire article added, p. 813, � 1, effective July 1. L. 84: (3) amended and (5) R&RE, pp. 624, 625, �� 18, 19, effective April 10. L. 2000: Entire section amended, p. 1272, � 4, effective May 26. L. 2004: (3) and (4) amended, p. 563, � 8, effective July 1.