§ 23-31-112 — Research building revolving fund - appropriation of fund

Colorado § 23-31-112

• Jurisdiction: Colorado
• Title 23: Postsecondary Education
• Art.: Colorado State University

Text

There
is established in the office of the state treasurer a fund to be known as the
Colorado state university research building revolving fund, and there shall be
credited to said fund the user charges or rents authorized by section 23-31-111 and
imposed by the board of governors of the Colorado state university system, specific
appropriations or grants or gifts made to said fund, the proceeds of the sale of
anticipation warrants authorized by this section and sections 23-31-111 and 23-31-113, and the proceeds from the issuance and sale of bonds pursuant to section 23-31-117. No payments from student fees, tuition receipts, or general funds shall be
deposited in the research building revolving fund. All interest earned on the
investment of moneys in the fund shall be credited to the fund and shall be a part of
the fund, and such moneys shall not be transferred or credited to the general fund
or to any other fund. All such moneys so credited to said fund are appropriated to
Colorado state university for the payment of maintenance and operating costs for
its research buildings and facilities and for planning, constructing, acquiring,
renovating, and equipping research buildings and facilities, wherever located in the
state of Colorado, for Colorado state university. Any such buildings and facilities
shall be related to the research mission of the university.

Legislative History

Source: L. 2007: Entire article amended with relocations, p. 527, � 2, effective August 3.