§ 25-40-103 — Adult stem cells cure fund - creation

Colorado § 25-40-103

• Jurisdiction: Colorado
• Title 25: Public
• Art.: Umbilical Cord Blood Collection and Awareness

Text

(1) There is hereby
created in the state treasury the adult stem cells cure fund, referred to in this
section as the fund. The fund shall consist of gifts, grants, and donations
transferred to the fund, which the department of public health and environment is
authorized to accept, and any voluntary contributions to the fund pursuant to part
35 of article 22 of title 39, C.R.S.

(2) The department of public health and environment shall transfer any gifts,
grants, and donations to the fund to the state treasurer, who shall credit the same
to the fund. All interest derived from the deposit and investment of moneys in the
fund shall be credited to the fund. All moneys remaining in the fund at the end of
any fiscal year shall remain in the fund and shall not be deposited into any other
fund. The moneys in the fund shall be annually appropriated by the general
assembly to the department for the purposes of this article.

Legislative History

Source: L. 2008: Entire article added, p. 2071, � 1, effective June 3.