2017 Colorado Revised Statutes
Title 12 - Professions and Occupations
General
Article 6 - Automobiles
Part 1 - Automobile Dealers
§ 12-6-123. Disposition of fees - auto dealers license fund - created
(1) All money received under this part 1, except fines awarded pursuant to sections 12-6-121.5 and 12-6-121.6 (2), shall be deposited with the state treasurer by the department of revenue, subject to section 24-35-101, together with a detailed statement of such receipts, and the money deposited with the state treasurer constitutes a fund to be known as the auto dealers license fund, which fund is hereby created. The fund shall be used under the direction of the board in the following manner:
(a) Repealed.
(b) (I) For the payment of the expenses of the administration of the board as the general assembly deems necessary by making an appropriation therefor on an annual fiscal-year basis commencing July 1, 1971, and thereafter.
(II) Any money remaining in said fund on December 31, 1971, and at the close of each calendar year thereafter, after costs of administration of the law as provided in this part 1 shall remain in the auto dealers license fund to be used for educational and enforcement purposes as appropriated by the general assembly.
(c) To pay the department of revenue for the administration of actions or proceedings brought before the executive director pursuant to section 12-6-120.
(d) To enforce section 12-6-120 (2).
(2) Repealed.
