The audit of the financial statements of public entities required by part 6 of article 1 of title 29, C.R.S., shall, in addition to all other requirements, include a supplemental listing of all investments held by the public entity at the date of the financial statement. The public entity shall divest itself of any investment which is not included as a lawful investment in section 24-75-601.1 or other statutory authority within six months of the initial disclosure of the existence of such investment.
Source: L. 89: Entire section added, p. 1105, § 2, effective July 1.
Structure Colorado Code
Part 6 - Funds - Legal Investments
§ 24-75-601.1. Legal Investments of Public Funds - Definition
§ 24-75-601.2. Prior Investments Valid
§ 24-75-601.3. Remedial Actions - Investments Not Made in Conformance With Statute
§ 24-75-601.4. Liability of Officials of Public Entities
§ 24-75-601.5. Liability for Sale of Unlawful Investments to Public Entities
§ 24-75-602. Bonds of Housing Authority as Legal Investments
§ 24-75-604. Investments in Bonds Issued by Member Institutions of the Farm Credit System