Colo. Rev. Stat. § 24-33.5-1506
SARA Title III fund - creation - acceptance of gifts, grants, and donations
Colorado · Colorado Revised Statutes Title 24 — Government - State · Status: effective
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- Citation
- Colo. Rev. Stat. § 24-33.5-1506, SARA Title III fund - creation - acceptance of gifts, grants, and donations, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2302356
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Full text
(1) There is hereby created in the state treasury the SARA Title III fund, which shall be administered by the director. The moneys in the fund are subject to annual appropriation by the general assembly for the purposes of this part 15, including the disbursement of grants pursuant to section 24-33.5-1507.
(2) The director is hereby authorized to accept all moneys received from the federal government and from public or private grants, gifts, bequests, donations, and other contributions for any purpose consistent with this part 15. The moneys shall be credited to the fund.
(3) In accordance with section 24-36-114, all interest derived from the deposit and investment of this fund shall be credited to the general fund.