§ 23-5-120 — Student fees - deposit - interest

Colorado § 23-5-120

• Jurisdiction: Colorado
• Title 23: Postsecondary Education
• Art.: General Provisions

Text

(1) Student fees imposed by a
governing board for a student association or student government at a state-supported institution of higher education and collected from students enrolled in
such institution shall be deposited in a separate fund of the institution to be used
for the purposes for which the fees were charged. All interest derived from the
deposit and investment of moneys in the fund shall be credited to the fund.

(2) Nothing in this section shall limit the authority of the governing board of
any state-supported institution of higher education to pledge moneys in the fund
described in subsection (1) of this section for any of the purposes permitted under
section 23-5-103 if the student action authorizing such fees contemplated such
pledge.

Legislative History

Source: L. 90: Entire section added, p. 1141, � 6, effective July 1.