Colorado Code
Article 30 - Board of Governors of the Colorado State University System
§ 23-30-102. Board Body Corporate - Powers Relating to Real and Personal Property

(1.5) The board of governors of the Colorado state university system shall report all sales, leases, or exchanges of real property to the Colorado commission on higher education.

(2.5) Subject to such reviews and approvals of state agencies as are required by law, the board of governors of the Colorado state university system has the power to sell, lease, or exchange real property, or any interest therein, including any mineral rights, the ownership of which is vested in the board of governors of the Colorado state university system or on behalf of any entity governed by it. All moneys which arise from the sale, lease, or exchange of said real property, or any interest therein, and all funds transferred pursuant to this subsection (2.5), together with any interest arising from the investment of said moneys and funds, shall be under the exclusive control of the board of governors of the Colorado state university system. The state treasurer is instructed to turn over to the board of governors of the Colorado state university system all the moneys, warrants, bonds, and other securities of any nature, and any interest earned thereon, that have come from the sale, lease, or exchange of said real property, or any interest therein, including any mineral rights.






Source: L. 2007: Entire article amended with relocations, p. 518, § 1, effective August 3. L. 2012: (1) amended, (HB 12-1220), ch. 100, p. 334, § 3, effective August 8.
Editor's note: This section is similar to former § 23-30-102 as it existed prior to 2007.

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