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Colorado Revised Statutes Title 40. Utilities § 40-9.5-116. Investment in public-private transportation facilities

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) Notwithstanding any provision of law to the contrary, the board of directors of a cooperative electric association may consider investing in one or more of the following:

(a) Any public-private initiative with the department of transportation, as defined in section 43-1-1201(3), C.R.S.;

(b) Bonds issued for turnpikes in accordance with part 2 of article 3 of title 43, C.R.S.;

(c) Repealed by Laws 2005, Ch. 78, § 41, eff. Aug. 8, 2005.

(d) Any other public-private initiative program for transportation system projects in Colorado authorized by law.

(2) The board of directors of a cooperative electric association may give preference to the investments described in subsection (1) of this section if such investments are in the interest of the cooperative electric association's members and are consistent with sound investment policy.

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Cite this article: FindLaw.com - Colorado Revised Statutes Title 40. Utilities § 40-9.5-116. Investment in public-private transportation facilities - last updated January 01, 2025 | https://codes.findlaw.com/co/title-40-utilities/co-rev-st-sect-40-9-5-116/

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