§ 28-3-1502 — Military family relief fund - creation

Colorado § 28-3-1502

• Jurisdiction: Colorado
• Title 28: Military and
• Art.: National Guard

Text

(1) There is hereby created
in the state treasury the military family relief fund. The fund shall consist of gifts,
grants, and donations to the fund, which the adjutant general is authorized to
accept, and any voluntary contributions made to the fund pursuant to part 30 of
article 22 of title 39.

(2) The adjutant general 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 a fiscal year shall be
transferred to the Colorado National Guard foundation, a Colorado nonprofit
organization. The foundation shall administer such moneys pursuant to section 28-3-1503.

Legislative History

Source: L. 2005: Entire part added, p. 653, � 1, effective May 27. L. 2025: (1) amended, (SB 25-275), ch. 377, p. 2084, � 244, effective August 6.