Colo. Rev. Stat. § 24-30-1509
Powers and duties of the board
Colorado · Colorado Revised Statutes Title 24 — Government - State · Status: effective
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- Citation
- Colo. Rev. Stat. § 24-30-1509, Powers and duties of the board, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2301558
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Full text
(1) The board shall have the following powers and duties:
(a) To oversee the management of the risk management fund created in section 24-30-1510;
(b) To compromise or settle claims on behalf of the state in the amounts authorized in section 24-30-1515 (2)(a)(V) and pursuant to the procedures set forth in section 24-30-1515;
(c) To adopt rules to govern its own organization and proceedings;
(d) To determine whether to recommend to the general assembly that the general assembly, by bill, authorize all or any portion of an additional payment to a claimant in accordance with the provisions of section 24-10-114 (5)(b).