Bonds issued under the provisions of this part 7 are hereby made securities in which all insurance companies, trust companies, banking associations, savings and loan associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Public entities, as defined in section 24-75-601 (1), C.R.S., may invest public funds in such bonds only if said bonds satisfy the investment requirements established in part 6 of article 75 of title 24, C.R.S. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the state for any purpose for which the deposit of bonds, notes, or obligations of the state is authorized by law.
Source: L. 73: p. 814, § 1. C.R.S. 1963: § 69-11-18. L. 89: Entire section amended, p. 1130, § 69, effective July 1.
Editor's note: This section was originally numbered as § 29-4-718 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.
Structure Colorado Code
Part 7 - Housing and Business Development and Financing
§ 29-4-702. Legislative Declaration
§ 29-4-703. Definitions - Rules
§ 29-4-704. Colorado Housing and Finance Authority
§ 29-4-704.5. Reference in Contracts and Documents
§ 29-4-707. Disclosure of Interests Required
§ 29-4-708. General Powers of the Authority - Repeal
§ 29-4-709. Power of Board - Housing Facility Plans
§ 29-4-710.5. Powers of the Board - Lease, Sale, or Financing of Projects
§ 29-4-710.6. Powers of the Board - Loans for Capital
§ 29-4-711. Power of Board - Housing Facility Plans - Mortgage Purchase - Loans to Lenders
§ 29-4-713. Power of the Board - Home Improvement Loans
§ 29-4-714. Powers of the Board - Home Improvement Loans - Purchase of Such Loans - Loans to Lenders
§ 29-4-716. Standards for Approval of Organizations
§ 29-4-717. Findings - Percentage of Low-Income Families Required
§ 29-4-719.1. Economic Development Fund
§ 29-4-720. Validity of Any Pledge
§ 29-4-722. Negotiable Instruments
§ 29-4-723. Bonds Eligible for Investment
§ 29-4-725. Nonliability of State for Bonds
§ 29-4-726. Members of Authority Not Personally Liable on Bonds
§ 29-4-727. Property Taxation - Exemption of Bonds From Taxation
§ 29-4-728. Revolving Fund Established
§ 29-4-730. Powers of the Authority - Investments
§ 29-4-731. Agreement of This State
§ 29-4-732. This Part 7 Not a Limitation of Powers