The general assembly hereby declares that the availability of improved access to and choice of higher education opportunities in this state will benefit the residents of the state and that the establishment of a prepaid postsecondary education expense program will assist residents in meeting the expenses incurred in availing themselves of higher education opportunities. It is the intent of the general assembly in enacting this part 2 to create collegeinvest, which shall be a division within the department of higher education and which authority shall make or purchase student obligations and shall develop and administer a prepaid postsecondary education expense program. This part 2 shall be liberally construed to accomplish the intentions expressed in this section.
Source: L. 79: Entire article added, p. 812, § 1, effective July 1. L. 84: Entire section amended, p. 623, § 15, effective April 10. L. 96: Entire section amended, p. 421, § 1, effective April 22. L. 2000: Entire section amended, p. 1268, § 1, effective May 26. L. 2004: Entire section amended, p. 560, § 5, effective July 1. L. 2010: Entire section amended, (HB 10-1428), ch. 390, p. 1830, § 5, effective June 9.
Structure Colorado Code
Title 23 - Postsecondary Education
Article 3.1 - Student Loan Program
Part 2 - Student Obligations and Institutional Loans
§ 23-3.1-201. Legislative Declaration
§ 23-3.1-203. Authority - Creation - Membership - Transfer of Personnel
§ 23-3.1-204. Organizational Meeting - Chairperson - Conflict of Interest
§ 23-3.1-205. Meetings of Board - Quorum - Expenses
§ 23-3.1-205.3. Transfer of Property
§ 23-3.1-205.4. Collegeinvest Fund - Creation - Control - Use
§ 23-3.1-205.5. Collegeinvest - Enterprise Status
§ 23-3.1-205.7. Department of Higher Education - Executive Director - Powers and Duties
§ 23-3.1-206. General Powers and Duties of the Authority
§ 23-3.1-206.5. Servicing of Student Obligations and Institutional Loans
§ 23-3.1-206.7. Prepaid Expense Program
§ 23-3.1-206.9. Colorado Collegeinvest Scholarship Program - Administration - Fund - Policies
§ 23-3.1-209. Negotiability of Bonds
§ 23-3.1-210. Security for Bonds and Notes
§ 23-3.1-211. Personal Liability
§ 23-3.1-213. Payment of Bonds and Advance Payment Contracts - Limited Liability of State
§ 23-3.1-214. Exemption From Taxation - Securities Law
§ 23-3.1-216. Investment of Funds
§ 23-3.1-217. Proceeds as Trust Funds
§ 23-3.1-217.5. Claims of Creditors - Exemption
§ 23-3.1-218. Agreement of the State Not to Limit or Alter Rights of Obligees
§ 23-3.1-219. Enforcement of Rights of Bondholders
§ 23-3.1-220. Bonds Eligible for Investment
§ 23-3.1-221. Account of Activities - Receipts for Expenditures - Report - Audit
§ 23-3.1-222. Federal Social Security Act
§ 23-3.1-223. Powers of Authority Not Restricted
§ 23-3.1-225. Confidentiality of Records
§ 23-3.1-226. Policies for Promotion and Disclosure of Program Information