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Current as of January 01, 2025 | Updated by Findlaw Staff
Any gifts, grants, and donations accepted by the adjutant general pursuant to section 28-3-106(1)(x) shall be transmitted to the state treasurer, who shall credit the same to the department of military and veterans affairs fund, which fund is hereby created and referred to in this section as the “fund”. The moneys in the fund shall be invested by the state treasurer as provided in sections 24-36-109, 24-36-112, and 24-36-113, C.R.S. Any unexpended and unencumbered moneys remaining in the fund at the end of any fiscal year shall remain in the fund and shall not revert or be credited or transferred to the general fund or be transferred to any other fund. Any interest or income derived from the deposit and investment of moneys in the fund shall remain in the fund and shall not be credited to the general fund. Moneys in the fund shall be continuously appropriated to the department for use by the adjutant general to carry out the functions and duties set forth in this title.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 28. Military and Veterans § 28-3-107. Department of military and veterans affairs fund--creation - last updated January 01, 2025 | https://codes.findlaw.com/co/title-28-military-and-veterans/co-rev-st-sect-28-3-107/
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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