Colorado Code
Part 4 - Charter School Capital Facilities Financing Act
§ 22-30.5-403. Definitions

As used in this part 4, unless the context otherwise requires:




(5.5) "Institute charter school" means a charter school authorized by the state charter school institute pursuant to part 5 of this article, and also includes a nonprofit corporation exempt from taxation under section 501 (c)(3) of the federal "Internal Revenue Code of 1986", as amended, that owns, on behalf of an institute charter school, a facility used for occupancy by pupils enrolled or to be enrolled in the institute charter school, which nonprofit corporation was created for the sole purpose of holding title to the facility.



Source: L. 2002: Entire part added, p. 1754, § 31, effective June 7. L. 2009: (4) and (5) amended and (5.5) added, (SB 09-089), ch. 440, p. 2439, § 6, effective June 4; (4) amended, (SB 09-176), ch. 247, p. 1113, § 1, effective August 5.
Editor's note: Amendments to subsection (4) by Senate Bill 09-176 and Senate Bill 09-089 were harmonized.

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