Colorado Revised Statutes Title 29. Government Local § 29-11.5-104. Legislative declaration--master agreements

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

(1) The general assembly hereby finds and declares that it is in the best interests of all Coloradans that local governmental entities that choose to accept alternative forms of payment do so in the most consumer-oriented, cost-effective, and uniform manner possible.  Accordingly, it is the intent of the general assembly to encourage local governmental entities to join with other local governmental entities in contractual arrangements with providers of alternative forms of payment or to join one or more master agreements entered into by the state treasurer pursuant to section 24-19.5-104, C.R.S .

(2) Any local governmental entity that accepts one or more alternative forms of payment for payments payable to a local governmental entity may:

(a) Join with one or more other local governmental entities in negotiating and entering into one or more contracts with one or more providers of alternative forms of payment;  or

(b) Join in any master agreement entered into by the state treasurer pursuant to section 24-19.5-104, C.R.S ., with the approval of the state treasurer or pursuant to any rules promulgated by the state treasurer.

Cite this article: FindLaw.com - Colorado Revised Statutes Title 29. Government Local § 29-11.5-104. Legislative declaration--master agreements - last updated January 01, 2019 | https://codes.findlaw.com/co/title-29-government-local/co-rev-st-sect-29-11-5-104.html


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 or via Westlaw before relying on it for your legal needs.

Copied to clipboard