Colorado Code
Part 1 - Department of the Treasury
§ 24-36-113. Investment of State Money - Limitations

(2.5) The state treasurer may, in the state treasurer's discretion, invest such moneys in municipal bonds rated in one of the two highest rating categories by a nationally recognized rating organization.

(3.5) The state treasurer may, in the state treasurer's discretion, invest such moneys in corporate debt obligations rated at least investment grade by a nationally recognized rating organization.
(3.6) The state treasurer may, in the state treasurer's discretion, invest such moneys in asset-backed securities and covered bonds rated in one of the two highest rating categories by a nationally recognized rating organization.
(3.7) Repealed.
(3.8) The state treasurer may, in the state treasurer's discretion, invest such moneys in mortgage pass-through securities and collateralized mortgage obligations that are issued by any agency of the United States government or a United States government-sponsored corporation or that are rated in one of the two highest rating categories by a nationally recognized rating organization.
(3.9) Repealed.

(6.1) The state treasurer may, in the state treasurer's discretion, invest such money in securities that are issued by a sovereign, national, or supranational entity and are rated at least investment grade by a nationally recognized rating organization.

Source: L. 71: R&RE, p. 99, § 1. C.R.S. 1963: § 3-6-13. L. 73: p. 171, § 2. L. 77: (4) amended and (5) added, p. 1059, § 2, effective June 1. L. 81: (2) amended, p. 1070, §§ 5, 6, effective May 21. L. 88: (3) amended and (3.5) and (3.6) added, p. 950, § 3, effective March 24. L. 92: (3), (3.5), and (3.6) amended and (3.7) added, p. 1113, § 3, effective July 1. L. 97: Entire section amended, p. 373, § 5, effective August 6. L. 99: (6) added, p. 1405, § 4, effective June 5. L. 2003: (7) added, p. 462, § 3, effective March 5; (1) amended, p. 674, § 2, effective August 6. L. 2008: (5) amended, p. 1315, § 2, effective May 27. L. 2013: (1)(a) and (3.6) amended and (2.5) added, (HB 13-1205), ch. 141, p. 457, § 2, effective August 7; (3.9) added, (SB 13-176), ch. 167, p. 547, § 2, effective August 7. L. 2016: (7) repealed, (HB 16-1408), ch. 153, p. 472, § 26, effective July 1. L. 2018: (3.7) and (3.9) repealed and (6.1) added, (HB 18-1402), ch. 391, p. 2343, § 1, effective August 8.
Cross references: (1) For the federal "Investment Company Act of 1940", see 15 U.S.C. sec. 80a-1 et seq.
(2) For the legislative declaration in the 2013 act adding subsection (3.9), see section 1 of chapter 167, Session Laws of Colorado 2013.