Colorado Code § 28-3-108

Distance learning cash fund - creation. There is hereby created in the state
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treasury the distance learning cash fund, referred to in this section as the "fund", which shall
consist of the cash fees generated by the public and private use of distance learning facilities
pursuant to section 28-3-106 (1)(y). The moneys in the fund shall be invested by the state
treasurer as provided in sections 24-36-109, 24-36-112, and 24-36-113, C.R.S. Any unexpended
and unencumbered moneys remaining in the fund at the end of any fiscal year shall remain in the
fund and shall not revert or be credited or transferred to the general fund or be transferred to any
other fund. Any interest or income derived from the deposit and investment of moneys in the
fund shall remain in the fund and shall not be credited to the general fund. The moneys in the
fund shall be continuously appropriated and shall be used to defray the costs associated with
operating the distance learning facilities and equipment. Such costs shall include, but need not be
limited to, repair, replacement, and salaries involved in the use of said facilities as well as the
maintenance and operation of the facilities and equipment.

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