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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The motorcycle operator safety training fund is hereby created in the state treasury. The fund consists of money collected under sections 42-2-114(2)(d), 42-2-118(1)(b)(II), and 42-3-304(4). The money in the fund is available immediately, without further appropriation, for allocation by the chief to the office to be used for the implementation and administration of the program. Money credited to the fund remains in the fund at the end of each fiscal year and is not transferred to any other fund.
(2) The chief, the program coordinator, or a MOST vendor shall not expend or credit moneys for MOST vendor operating expenses or reimburse motorcycles, helmets, textbooks, and other capital expenses incurred by MOST vendors, excluding the travel costs of mobile training.
(3) The chief or his or her designee may accept, on behalf of and in the name of the state, gifts, donations, and grants for any purpose connected with the program. Any property so given shall be held by the state treasurer, but the chief or his or her designee may direct the disposition of any property so given for any purpose consistent with the terms and conditions under which the gift was made.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 43. Transportation § 43-5-504. Motorcycle operator safety training fund - last updated January 01, 2025 | https://codes.findlaw.com/co/title-43-transportation/co-rev-st-sect-43-5-504/
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