Colorado Code § 23-41-122

Borrowing funds
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For the purpose of obtaining funds for the planning,
constructing, and equipping of research buildings and facilities for the Colorado school of mines,
the board of trustees is authorized to enter into contracts with any person, corporation, or state or
federal government agency for the advancement of money for such purposes and providing for
the repayment of such advances with interest from the Colorado school of mines research
building revolving fund.

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