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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Notwithstanding any other provisions of this article, the authority may not undertake any facility authorized by this article unless, prior to the expenditure of proceeds, the board finds that:
(a) Such facility will enable or assist an educational institution or a cultural institution to fulfill its obligation to provide facilities; and
(b) In the case of an educational institution, such facility has been reviewed and approved by the commission if such approval is required pursuant to section 23-1-106.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 23. Postsecondary Education § 23-15-115. Procedure before expenditure of proceeds - last updated January 01, 2025 | https://codes.findlaw.com/co/title-23-postsecondary-education/co-rev-st-sect-23-15-115/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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