Beginning in the 2008-09 fiscal year, and every five years thereafter, the state auditor shall cause an audit to be made of the Colorado auto theft prevention cash fund created in section 42-5-112 (4) to include procedures to test distributions from the fund for compliance with program requirements and guidelines. The state auditor shall review a sample of distributions and expenditures from the Colorado auto theft prevention cash fund for the purposes described in section 42-5-112. The state auditor shall prepare a report of each audit conducted and file the report with the audit committee of the general assembly. Following the release of the audit report, the state auditor shall file the audit report with the judiciary committees of the house of representatives and the senate, or any successor committees.
Source: L. 2008: Entire section added, p. 2098, § 3, effective July 1. L. 2013: Entire section amended, (SB 13-129), ch. 284, p. 1493, § 5, effective May 24. L. 2017: (1)(b)(IV) amended, (SB 17-240), ch.395, p. 2067, § 56, effective July 1. L. 2017: Entire section amended, (SB 17-294), ch. 264, p. 1416, § 113, effective May 25.
Cross references: For the legislative declaration contained in the 2008 act enacting this section, see section 1 of chapter 415, Session Laws of Colorado 2008.
Structure Colorado Code
Title 42 - Vehicles and Traffic
Article 5 - Automobile Theft Law - Inspection of Motor Vehicle Identification Numbers
§ 42-5-103. Tampering With a Motor Vehicle - Repeal
§ 42-5-104. Theft of Motor Vehicle Parts - Theft of License Plates - Repeal
§ 42-5-106. Duties of Dealers - Assembled Motor Vehicles
§ 42-5-106. Duties of Dealers - Assembled Motor Vehicles
§ 42-5-107. Seizure of Motor Vehicles or Component Parts by Peace Officers
§ 42-5-109. Report of Stored or Parked Motor Vehicles - When
§ 42-5-109. Report of Stored or Parked Motor Vehicles - When
§ 42-5-111. Proof of Authorized Possession
§ 42-5-111. Proof of Authorized Possession
§ 42-5-113. Colorado Auto Theft Prevention Cash Fund - Audit