Neither the members of the board, employees or agents of the authority, nor any person executing savings contracts shall be liable personally on savings contracts or be subject to any personal liability or accountability as a result of the program.
Source: L. 2000: Entire part amended, p. 1295, § 16, effective May 26. L. 2004: Entire section amended, p. 574, § 27, effective July 1. L. 2015: Entire section amended, (HB 15-1359), ch. 269, p. 1053, § 8, effective June 3.
Structure Colorado Code
Title 23 - Postsecondary Education
Article 3.1 - Student Loan Program
§ 23-3.1-301. Legislative Declaration
§ 23-3.1-303. Department - Purpose - Powers - Duties
§ 23-3.1-304. Authority - Purpose - Powers - Duties
§ 23-3.1-305. Financial Institutions - Managers - Purpose - Selection - Requirements - Contracts
§ 23-3.1-306. Accounts - Contributions - Withdrawals - Penalties - Statements
§ 23-3.1-307.1. Personal Liability
§ 23-3.1-307.3. Proceeds as Trust Funds
§ 23-3.1-307.4. Claims of Creditors - Exemption
§ 23-3.1-307.5. Confidentiality of Records
§ 23-3.1-307.9. Policies for Promotion and Disclosure of Program Information