2016 Colorado Revised Statutes
Title 24 - Government - State
Principal Departments
Article 30 - Department of Personnel - State Administrative Support Services
Part 15 - Division of Risk Management
§ 24-30-1509. Powers and duties of the board
(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).
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