2020 Colorado Revised Statutes
Title 37 - Water And Irrigation
Article 95. Colorado Water Resources and Power Development Authority
Section 37-95-118. Bonds eligible for investment.
Bonds issued under the provisions of this article are hereby made securities in which all insurance companies, trust companies, banking associations, savings and loan associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital, in their control or belonging to them. Public entities, as defined in section 24-75-601 (1), C.R.S., may invest public funds in such bonds only if said bonds satisfy the investment requirements established in part 6 of article 75 of title 24, C.R.S. Such bonds are hereby made securities which may properly and legally be deposited with and received by any public entity for any purpose for which the deposit of bonds, notes, or obligations of the state is authorized by law.
Source: L. 81: Entire article added, p. 1810, § 1, effective July 1. L. 89: Entire section amended, p. 1132, § 75, effective July 1.
