Colorado § 31-30.5-203 Board of trustees - police officers' old hire pension fund

Colorado Statutes

§ 31-30.5-203 — Board of trustees - police officers' old hire pension fund

Colorado § 31-30.5-203

Title 31Government

Art.Fire - Police - Old Hire Pension Plans

This text of Colorado § 31-30.5-203 (Board of trustees - police officers' old hire pension fund) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 31-30.5-203 (2026).

Text

(1)The general supervision, management, and control of the police officers' old hire pension fund shall be vested in a board of trustees.

(2)In any municipality having a population of less than one hundred thousand, unless it is a home rule city or town that provides for the composition of the board by charter or ordinance, the board shall consist of the mayor, the municipal treasurer, the clerk, and one active old hire member of the police department who shall be elected by the active old hire members of the department; except that, if there are no active old hire members available or willing to serve on such board, such board shall consist of the mayor, the municipal treasurer, and the clerk. Said board shall select from their number a president and a secretary. The municip

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(1)
The general supervision, management, and control of the police officers' old hire
pension fund shall be vested in a board of trustees.

(2) In any municipality having a population of less than one hundred
thousand, unless it is a home rule city or town that provides for the composition of
the board by charter or ordinance, the board shall consist of the mayor, the
municipal treasurer, the clerk, and one active old hire member of the police
department who shall be elected by the active old hire members of the department;
except that, if there are no active old hire members available or willing to serve on
such board, such board shall consist of the mayor, the municipal treasurer, and the
clerk. Said board shall select from their number a president and a secretary. The
municipal treasurer shall be ex officio treasurer of said board and custodian of all
funds coming into the treasurer's hands.

(3) In any municipality having a population of at least one hundred thousand,
the board shall consist of such persons or officials as may be designated by the
charter and ordinances thereof.

(4) The treasurer of the board, in addition to any custodian appointed by the
board pursuant to section 31-30.5-204 (4), shall be the custodian of the fund, shall
secure and safely keep the same, subject to the control and direction of the board,
and shall keep books and accounts concerning said fund in such manner as may be
prescribed by the board. The books and accounts shall always be subject to the
inspection of the board, any member thereof, or any other interested person. Said
treasurer, upon expiration of the treasurer's term of office, shall surrender and
deliver to the treasurer's successor all bonds, securities, and unexpended moneys
or other property that came into the treasurer's hands as treasurer of the fund. The
treasurer shall be required to supply bond in an amount designated by the board
and paid for by the fund.