Neither the members of the board, employees or agents of the authority, nor any person executing the bonds or notes or advance payment contracts shall be liable personally on bonds or notes or advance payment contracts or be subject to any personal liability or accountability by reason of the issuance thereof or as a result of the prepaid expense program.
Source: L. 79: Entire article added, p. 820, § 1, effective July 1. L. 96: Entire section amended, p. 427, § 5, effective April 22. L. 2000: Entire section amended, p. 1282, § 9, effective May 26. L. 2004: Entire section amended, p. 572, § 19, effective July 1.
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