Colorado § 27-10.5-305 Endowment fund

Colorado Statutes

§ 27-10.5-305 — Endowment fund

Colorado § 27-10.5-305

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Bluebook

Colo. Rev. Stat. § 27-10.5-305 (2026).

Text

There is hereby authorized the regional
center endowment fund. Any parent, person, corporation, or institution may
contribute to said endowment fund. The bylaws to be provided by the department
of human services shall prescribe the different endowments; but the investments
from said endowment fund shall be in state, county, or city bonds or in first
mortgages on improved realty for not more than forty percent of the actual value of
such realty.

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There is hereby authorized the regional
center endowment fund. Any parent, person, corporation, or institution may
contribute to said endowment fund. The bylaws to be provided by the department
of human services shall prescribe the different endowments; but the investments
from said endowment fund shall be in state, county, or city bonds or in first
mortgages on improved realty for not more than forty percent of the actual value of
such realty.

Legislative History

Source: L. 85: Entire part added, p. 1012, � 37, effective July 1. L. 92: Entire section amended, p. 1391, � 41, effective July 1. L. 94: Entire section amended, p. 2712, � 288, effective July 1.