Colorado Code § 23-20-124

Research building revolving fund - appropriation of fund. There is
Open in Lexace · Ask the AI about this section
established in the office of the treasurer of the university a fund to be known as the university of
Colorado research building revolving fund. There shall be credited to said fund the user charges
or rents authorized by section 23-20-123 and imposed by the board of regents of the university
of Colorado, specific appropriations or grants or gifts made to said fund, and the proceeds of the
sale of anticipation warrants authorized by sections 23-20-123 to 23-20-125. No payments from
student fees, tuition receipts, or general funds shall be deposited in the research building
revolving fund or used for said programs; except that the board of regents is authorized, pursuant
to sections 23-5-102 and 23-5-103, to pledge the revenues and net income of any other
designated enterprise auxiliary facilities in connection with bonds or other obligations secured
by the research building revolving fund. All interest accumulated in this fund shall follow the
fund. All such moneys so credited to said fund are appropriated to the university of Colorado for
the payment of maintenance and operating costs for its research buildings and facilities and for
the planning, construction, and equipping of additional research buildings and facilities for the
university of Colorado; except that the board of regents is authorized, pursuant to sections 23-5-
102 and 23-5-103, to pledge the research building revolving fund in connection with bonds or
other obligations issued by or on behalf of any other designated enterprise auxiliary facilities.

‹ Prev All Colorado sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.