Colorado Code
Article 22 - State Treasurer
§ 24-22-107. Duties and Powers of State Treasurer

(6.5) The state treasurer may provide technical assistance to any state or local governmental entity, upon the request of such entity, concerning the efficient management of the entity's public funds. Such technical assistance may include, but is not limited to, providing advice or recommendations relative to cash management, investments, and banking services. The treasurer shall not be liable to any state or local governmental entity for any loss of public funds resulting from the technical assistance provided to such entity by the treasurer if the treasurer, in the good faith performance of the treasurer's duties as a public official, has complied with the standards established in part 6 of article 75 of this title for the investment of public funds in securities. A state or local governmental entity may reimburse the treasurer for any reasonable travel expenses incurred by the treasurer in providing technical assistance pursuant to this subsection (6.5) to such state or local governmental entity.


Source: L. 71: R&RE, p. 1237, § 1. C.R.S. 1963: § 132-3-7. L. 83: (3) and (4) amended, p. 834, § 40, effective July 1. L. 90: (6) added, p. 1183, § 1, effective May 23. L. 94: (7) added, p. 565, § 10, effective April 6. L. 99: (3) repealed, p. 687, § 6, effective August 4. L. 2000: (6.5) added, p. 897, § 1, effective August 2.
Cross references: For the duty of the state treasurer as custodian of the unemployment compensation fund, see § 8-77-101; for the duty to invest the moneys in the risk management fund, see § 24-30-1511; for the duty to report on the amount of money in the lottery fund and to invest such fund, see § 24-35-210 (3) and (6); for the duty to invest state moneys, see § 24-75-208; for duties under the "Funds Management Act of 1986", see part 9 of article 75 of this title; for the duty to report on the amount of money in the state highway supplementary fund, see § 43-1-219.

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