Colorado Statutes
§ 32-22-112 — Investments
The district may invest or deposit any money of the
district in the manner provided by part 6 of article 75 of title 24. In addition, the
district may direct a corporate trustee that holds district money to invest or deposit
the money in investments or deposits other than those specified by said part 6 if the
board determines, by resolution, that the investment or deposit meets the standard
established in section 15-1-304, the income is at least comparable to income
available on investments or deposits specified by said part 6, and the investment
will assist the district in the financing, construction, operation, or maintenance of a
passenger rail system.
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Legislative History
Source: L. 2021: Entire article added, (SB 21-238), ch. 401, p. 2671, � 1, effective
June 30.
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Early hearings