(1.5) As used in this article:
(2.5) Notwithstanding the provisions of section 11-10.5-111, C.R.S., and section 24-75-202, at the discretion of the state treasurer and the state controller, state moneys may be deposited in bank accounts in other states and in foreign countries to enable a state agency or institution, including institutions of higher education, to operate projects located in other states and foreign countries. Such state agencies and institutions, including institutions of higher education, shall exercise due regard and have full responsibility for the safety of deposits under this article, and the state shall not assume liability for any risk, casualty, or loss of such deposits.
Source: L. 71: R&RE, p. 96, § 1. C.R.S. 1963: § 3-6-4. L. 82: (3) added, p. 388, § 1, effective March 19. L. 87: (1) amended, p. 1019, § 1, effective May 16. L. 92: (4) added, p. 1066, § 1, effective March 16. L. 93: (2.5) added, p. 1260, § 8, effective June 6. L. 2000: (1) amended, p. 1551, § 24, effective August 2. L. 2001: (1) amended and (1.5) added, p. 951, § 1, effective June 5. L. 2014: (3) amended, (HB 14-1391), ch. 328, p. 1452, § 8, effective June 5.
Structure Colorado Code
Article 36 - Department of the Treasury
Part 1 - Department of the Treasury
§ 24-36-101. State Treasurer Head of Department
§ 24-36-102. Function of Department - Employees
§ 24-36-103. All State Moneys to Be Transmitted to Department
§ 24-36-104. Moneys to Be Deposited
§ 24-36-105. Accounts to Be Kept - Daily Report
§ 24-36-107. Warrants or Checks Endorsed When Not Paid - Exception
§ 24-36-108. Notice of Payment - When Interest Ceases
§ 24-36-111. Authority to Accept Deposits
§ 24-36-111.5. Authority to Invest in Real Property Owned by a School District
§ 24-36-112. Deposits in Savings and Loan Associations
§ 24-36-113. Investment of State Money - Limitations
§ 24-36-114. How Interest Earnings Credited - Management Fee
§ 24-36-115. Moneys Not Immediately Creditable - Special Purpose Moneys
§ 24-36-116. Moneys Paid Under Protest - Disposition
§ 24-36-117. Governor May Make Examination
§ 24-36-118. Applications for Licenses - Authority to Suspend Licenses - Rules