Colorado Statutes
§ 24-54-112 — Investments
(1)The retirement board shall have complete
control and authority to invest the funds of the plan.
(2)and (3) (Deleted by amendment, L. 2000, p. 752, � 1, effective August 2,
2000.)
(4)Funds of the plan shall be managed and invested by the retirement board
of such plan in accordance with the prudent investor rule and the other standards
and provisions for trustees set forth in the Colorado Uniform Prudent Investor Act,
article 1.1 of title 15, C.R.S.
(5)The limitations specified in subsection (4) of this section shall not apply
to investments self-directed by participants in the plan.
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Legislative History
Source: L. 97: Entire section added, p. 154, � 3, effective March 28. L. 2000: Entire section amended, p. 752, � 1, effective August 2.
Nearby Sections
15
§ 24-1-101
Legislative declaration§ 24-1-102
Short title§ 24-1-103
Head of department defined§ 24-1-106
Agencies not enumerated - continuation§ 24-1-109
Office of the governor§ 24-1-110
Principal departments§ 24-1-111
Department of state - creation§ 24-1-112
Department of the treasury - creation§ 24-1-113
Department of law - creation§ 24-1-115
Department of education - creation§ 24-1-117
Department of revenue - creation