Financing of Critical State Needs

C.R.S. tit. 24, art. 115
in effect

C.R.S. § 24-115-101 Short title

C.R.S. § 24-115-102 Legislative declaration

C.R.S. § 24-115-103 Definitions

C.R.S. § 24-115-104 Critical needs financing corporation - creation - composition of board of directors - powers

C.R.S. § 24-115-105 Organizational meeting - chair - personnel - surety note - conflict of interest

C.R.S. § 24-115-106 Meetings of board - quorum - expenses

C.R.S. § 24-115-107 General powers of corporation

C.R.S. § 24-115-108 Corporate fiscal year - account of activities and receipts for expenditures - report - audit

C.R.S. § 24-115-109 Limitation on power of corporation to declare bankruptcy

C.R.S. § 24-115-110 Critical needs notes - issuance schedule - distribution of note proceeds

C.R.S. § 24-115-111 Critical needs fund - creation - appropriations to fund - repayment of notes from fund

C.R.S. § 24-115-112 Notes legal investments

C.R.S. § 24-115-113 Exemption from taxation

C.R.S. § 24-115-114 No action maintainable

C.R.S. § 24-115-115 Annual reports

C.R.S. § 24-115-116 Investments

C.R.S. § 24-115-117 Construction of article

C.R.S. § 24-115-118 Voter approval required

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-24.docxFetched: 10/6/2026