In determining the amount of risk assessed to institutions of higher education for purposes of making recommendations to the joint budget committee on the amount of appropriations necessary to reflect the risks attributable to institutions of higher education for the risk management fund and for the state employee workers' compensation account in the risk management fund, the executive director shall base such assessments and recommendations on actuarially sound analyses that appropriately and fairly reflect the accurate risks and claim experience attributable to institutions of higher education.
Source: L. 95: Entire section added, p. 108, § 1, effective March 30. L. 96: Entire section amended, p. 1521, § 61, effective June 1.
Structure Colorado Code
Article 30 - Department of Personnel - State Administrative Support Services
§ 24-30-1501. Legislative Declaration
§ 24-30-1503. Risk Management System
§ 24-30-1503.5. Risk Management System - Independent Program
§ 24-30-1504. Powers and Duties of the Department
§ 24-30-1505. Powers of the Executive Director
§ 24-30-1506. Claims Investigation, Claims Adjustment, and Support Services
§ 24-30-1508. State Claims Board - Creation
§ 24-30-1509. Powers and Duties of the Board
§ 24-30-1510. Risk Management Fund - Creation - Authorized and Unauthorized Payments
§ 24-30-1510.7. Workers' Compensation for State Employees
§ 24-30-1511. State Treasurer to Invest Funds
§ 24-30-1511.5. State Self-Insurance Funds - Transfers - Definition
§ 24-30-1512. Risk Management Fund and Self-Insured Property Fund Not Subject to Insurance Laws
§ 24-30-1513. State Auditor - Examination - Report
§ 24-30-1515. Compromise or Settlement of Claims - Authority
§ 24-30-1516. Rules and Regulations
§ 24-30-1519. Insurance Policies
§ 24-30-1520. Authorization by Law to Settle Claims or to Pay Judgments