The authority, directly or by or through a participating educational institution or cultural institution as its agent, may acquire by purchase, lease, gift, devise, or other means such lands, structures, real or personal property, rights-of-way, franchises, easements, and other interests in lands, including lands lying under water and riparian rights which are located within or without the state, as it may deem necessary or convenient for the construction, acquisition, or operation of facilities, upon such terms as may be considered by the authority to be reasonable, and may take title thereto in the name of the authority or in the name of such participating educational institution or cultural institution as its agent.
Source: L. 81: Entire article added, p. 1102, § 1, effective July 1. L. 89: Entire section amended, p. 990, § 5, effective April 8. L. 98: Entire section amended, p. 605, § 7, effective May 4.
Structure Colorado Code
Title 23 - Postsecondary Education
Article 15 - Colorado Educational and Cultural Facilities Authority
§ 23-15-102. Legislative Declaration
§ 23-15-104. Authority - Creation - Board - Organization
§ 23-15-106. Meetings of Board - Quorum - Expenses
§ 23-15-107. General Powers of the Authority
§ 23-15-108. Acquisition of Property
§ 23-15-110.5. Colorado Education Savings Program
§ 23-15-111. Negotiability of Bonds
§ 23-15-112. Security for Bonds and Notes
§ 23-15-113. Personal Liability
§ 23-15-115. Procedure Before Expenditure of Proceeds
§ 23-15-116. Trust Agreement to Secure Bonds
§ 23-15-117. Payment of Bonds - Nonliability of State
§ 23-15-118. Exemption From Taxation and Securities Law
§ 23-15-119. Rents and Charges
§ 23-15-121. Conveyance of Title - Release of Lien
§ 23-15-122. Investment of Funds
§ 23-15-123. Proceeds as Trust Funds
§ 23-15-124. Agreement of the State Not to Limit or Alter Rights of Obligees
§ 23-15-125. Enforcement of Rights of Bondholders
§ 23-15-126. Bonds Eligible for Investment
§ 23-15-127. Account of Activities and Receipts for Expenditures - Report - Audit
§ 23-15-128. Federal Social Security Act
§ 23-15-129. Powers of Authority Not Restricted - Law Complete in Itself
§ 23-15-130. Powers in Addition to Those Granted by Other Laws