Colorado Statutes
§ 29-23-112 — Investments
The authority may invest or deposit any funds in
the manner provided by part 6 of article 75 of title 24, C.R.S. In addition, the
authority may direct a corporate trustee which holds funds of the authority to invest
or deposit such funds in investments or deposits other than those specified by such
part 6 if the board determines, by resolution, that such investment or deposit meets
the standard established in section 15-1-304, C.R.S., the income is at least
comparable to income available on investments or deposits specified by such part
6, and such investment will assist the authority in the financing, construction,
maintenance, or operation of the Pueblo depot activity.
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Legislative History
Source: L. 94: Entire article added, p. 963, � 1, effective April 28.
Nearby Sections
15
§ 29-1-101
Short title§ 29-1-102
Definitions§ 29-1-103
Budgets required§ 29-1-104
By whom budget prepared§ 29-1-105
Budget estimates§ 29-1-106
Notice of budget§ 29-1-107
Objections to budget§ 29-1-110
Expenditures not to exceed appropriation§ 29-1-1101
Definitions§ 29-1-1102
Delinquency charges§ 29-1-111
Contingencies§ 29-1-112
Payment for contingencies§ 29-1-113
Filing of budget