Colorado Statutes
§ 43-4-616 — Investments
An 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, an authority
may direct a corporate trustee that holds funds of the authority to invest or deposit
the funds 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, C.R.S., the income is at least comparable to income
available on investments or deposits specified by said part 6, and the investment
will assist the authority in the financing, construction, operation, or maintenance of
regional transportation systems.
Free access — add to your briefcase to read the full text and ask questions with AI
Colorado § 43-4-616 (Investments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 97: Entire part added, p. 497, � 1, effective August 6. L. 2005: Entire section amended, p. 1068, � 14, effective January 1, 2006.
Nearby Sections
15
§ 43-1-1001
Urban mass transportation grants§ 43-1-1002
Rules and regulations§ 43-1-101
Legislative declaration§ 43-1-102
Definitions§ 43-1-103
Department created - executive director§ 43-1-107
Duties of deputy director§ 43-1-109
Chief engineer§ 43-1-1101
Legislative declaration§ 43-1-1102
Definitions§ 43-1-1103
Transportation planning§ 43-1-1104
Transportation advisory committee