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§ 19-3.5-106. Colorado children's trust fund - creation - source of funds

CO Rev Stat § 19-3.5-106 (2018) (N/A)
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(1) There is hereby created in the state treasury the Colorado children's trust fund, which shall be administered by the board and which shall consist of:

(a) All moneys which shall be transferred thereto in accordance with section 13-32-101 (5)(a)(I), C.R.S.; and

(b) All moneys collected by the board pursuant to section 19-3.5-105 (1)(e) from federal grants and other contributions, grants, gifts, bequests, donations, and any moneys appropriated thereto by the state. Such moneys shall be transmitted to the state treasurer for credit to the trust fund.

(2) All moneys in the fund shall be subject to annual appropriation by the general assembly. Any moneys not appropriated shall remain in the fund and shall not be transferred to or revert to the general fund of the state at the end of any fiscal year. Any interest earned on the investment or deposit of moneys in the fund shall also remain in the fund and shall not be credited to the general fund of the state.

(3) Repealed.

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§ 19-3.5-106. Colorado children's trust fund - creation - source of funds