It is lawful for the state treasurer and it is the state treasurer's duty, whenever there are funds on hand or in the state treasurer's custody or possession eligible for investment, to invest in noninterest bearing general fund warrants or checks issued against the general fund at a time when moneys accruing to the fund have not been received or credited to the general fund, but such warrants or checks shall be drawn pursuant to appropriation made by the general assembly, and the controller shall first certify that appropriations do not exceed estimated general fund revenues and surplus.
Source: L. 59: p. 732, § 3. CRS 53: § 130-4-17. L. 62: p. 266, § 1. C.R.S. 1963: § 130-4-17. L. 67: p. 331, § 1. L. 69: p. 690, § 2. L. 71: p. 101, § 5. L. 85: (1)(b) amended, p. 1361, § 19, effective June 28. L. 93: Entire section amended, p. 1259, § 4, effective June 6. L. 2014: Entire section amended, (HB 14-1391), ch. 328, p. 1455, § 18, effective June 5.
Structure Colorado Code
§ 24-75-201. General Fund - General Fund Surplus - Custodial Moneys
§ 24-75-201.1. Restriction on State Appropriations - Legislative Declaration - Definitions - Repeal
§ 24-75-201.2. Restriction on State Spending - Unrestricted General Fund Year-End Balances
§ 24-75-201.3. Procedures Relating to Revenue Estimates
§ 24-75-201.5. Revenue Shortfalls - Required Actions by the Governor With Respect to the Reserve
§ 24-75-202. Imprest Cash Accounts
§ 24-75-203. Loans and Advances
§ 24-75-205. Insurance and Retirement Reserves
§ 24-75-206. Legislative Declaration
§ 24-75-208. Investment of Treasury Funds
§ 24-75-209. Payment of General Fund Warrants or Checks
§ 24-75-210. Reports to Governor
§ 24-75-219. Transfers - Transportation - Capital Construction - Definitions - Repeal
§ 24-75-220. State Education Fund - Transfers - Surplus - Legislative Declaration - Repeal
§ 24-75-225. Care Subfund - Creation - Administration - Transfer - Legislative Declaration
§ 24-75-227. Revenue Loss Restoration Cash Fund - Creation - Allowable Uses - Definitions - Repeal