reglab/housing_qa huggingface dataset:
CO Code § 22-41-101 (2021)
2021 Colorado Code|Title 22 - Education|Article 41 - Public School Fund|§ 22-41-101. Composition of Fund

  (Deleted by amendment,L. 2006, p. 608, § 29, effective August 7, 2006.)    The public school fund of the state shall consist of the proceeds of such lands as have been, or may be, granted to the state by the federal government for educational purposes; all estates that may escheat to the state; all other grants, gifts, or devises that may be made to the state for educational purposes; and such other moneys as the general assembly may appropriate or transfer.    Notwithstanding the provisions of subsection (2) of this section, the proceeds from the sale or other disposition of state land pursuant to a nonsimultaneous exchange pursuant to section 36-1-124.5, C.R.S., shall not be deemed a part of the designated trust fund except as provided in section (4), C.R.S.        History. Source: L. 73: R&RE, p. 1240, § 1. C.R.S. 1963: § 123-4-1. L. 95: Entire section amended, p. 607, § 3, effective May 22. L. 96: Entire section amended, p. 1795, § 11, effective June 4. L. 97: (3) added, p. 852, § 38, effective May 21. L. 2006: (1) and (2) amended, p. 608, § 29, effective August 7. History. Source: L. 73: R&RE, p. 1240, § 1. C.R.S. 1963: § 123-4-1. L. 95: Entire section amended, p. 607, § 3, effective May 22. L. 96: Entire section amended, p. 1795, § 11, effective June 4. L. 97: (3) added, p. 852, § 38, effective May 21. L. 2006: (1) and (2) amended, p. 608, § 29, effective August 7.    ANNOTATION   For previous inclusion of receipts from fines and penalties in school fund, see City & County of Denver v. Sch. Dist. No. 1, 94 Colo. 406 , 30 P.2d 866 (1934); State v. Beckman, 149 Colo. 54 , 368 P.2d 793 (1961) (decided prior to earliest source of this section, § 123-4-1, C.R.S. 1963). For previous inclusion of receipts from fines and penalties in school fund, see City & County of Denver v. Sch. Dist. No. 1, 94 Colo. 406 , 30 P.2d 866 (1934); State v. Beckman, 149 Colo. 54 , 368 P.2d 793 (1961) (decided prior to earliest source of this section, § 123-4-1, C.R.S. 1963).
CO Code § 22-41-103 (2021)
2021 Colorado Code|Title 22 - Education|Article 41 - Public School Fund|§ 22-41-103. Certain Lands Considered to Be Investments of Fund

  All lands, title to which has or may become vested in the state as the result of foreclosure proceedings, shall be designated as “public school fund lands” and shall be considered an investment of the public school fund.    Such lands shall be under the control and direction of the state board of land commissioners and may be disposed of by the board in the same manner as public school lands; except that any mineral rights acquired under said foreclosure proceedings may be sold with the land. The board shall keep a separate list of all such lands in its office.     History. Source: L. 73: R&RE, p. 1240, § 1. C.R.S. 1963: § 123-4-3. History. Source: L. 73: R&RE, p. 1240, § 1. C.R.S. 1963: § 123-4-3.    ANNOTATION   Annotator's note. Cases relevant to § 22-41-103 decided prior to its earliest source, § 123-4-3, C.R.S. 1963, have been included in the annotations to this section.   The investment in the state of the right to become the purchaser at foreclosure sale constitutes a safeguard against loss which might otherwise result from a borrower's failure to repay a loan, and whatever may be realized from subsequent sale of the property diminishes correspondingly the amount necessary for reimbursement of the school fund. People ex rel. Miller v. Higgins, 69 Colo. 79 , 168 P. 740 (1917).   The right to purchase does not impose any liability upon the state. Under this section the state, acting through its proper agents, may become the purchaser of the real estate securing the loan at a foreclosure sale thereof, but it is equally true that it need not become such purchaser. It may resort to any lawful “procedure that may be necessary and appropriate” in the collection of the loan. The statute does not, either directly or indirectly, impose upon the state any liability in the premises. Leddy v. People ex rel. Farrar, 59 Colo. 120 , 147 P. 365 (1915); People ex rel. Miller v. Higgins, 69 Colo. 79 , 168 P. 740 (1917).
CO Code § 22-41-104.5 (2021)
2021 Colorado Code|Title 22 - Education|Article 41 - Public School Fund|§ 22-41-104.5. Other Financial Transactions

  The state treasurer may engage in financial transactions whereby:   Obligations are purchased with moneys accrued or accruing to the public school fund under an agreement providing for the resale of such obligations to the original seller at a stated price together with a payment to the fund of interest for the period the fund holds the obligations, but the market value of such obligations shall at all times be at least equal to the total purchase price;    Obligations owned by the fund are sold under an agreement providing for the repurchase of such obligations by the fund at a stated price together with the payment to the buyer of interest for the period the buyer holds the obligations;  (b.5) Loans are made to school districts under the provisions of section 3 of article IX of the state constitution;     Obligations owned by the fund are delivered to reputable and financially responsible dealers in such obligations under an agreement which provides:   For the replacement thereof with obligations of the same kind and amount upon demand therefor by the state treasurer; and    For the payment to the state treasury by said dealer of a commission or other compensation, based upon the amount of such obligations, for the period of time between the delivery of such obligations to such dealer and the replacement thereof; and    For the pledge and delivery by said dealer to the state treasury of other obligations which are lawful investments having a market value at all times equal to at least the market value of the obligations so delivered to guarantee the replacement of such obligations.       (Repeal provision deleted by revision.)       The state treasurer may make such arrangements for the custody, safekeeping, and registration of obligations as will enable him to make prompt delivery thereof upon maturity or in the event of sale.     History. Source: L. 77: Entire section added, p. 1058, § 1, effective June 1; (1)(b) and (1)(c) repealed, p. 1059, § 1, effective July 1. L. 81: (1)(b) and (1)(c) RC&RE, p. 1069, § 2, effective May 21. L. 97: (1)(b.5) added, p. 852, § 40, effective May 21.    Editor's note:   Subsection (1)(d) provided for the repeal of subsections (1)(b) and (1)(c), effective July 1, 1979. (See L. 77, p. 1058 .) Subsections (1)(b) and (1)(c) were recreated and reenacted, and subsection (1)(d) was therefore deleted by revision as obsolete.
CO Code § 22-41-105 (2021)
2021 Colorado Code|Title 22 - Education|Article 41 - Public School Fund|§ 22-41-105. Income Distinguished From Principal

  Any amount paid as a premium for an interest-bearing obligation in excess of the amount realized upon disposition of said obligation must be recovered as a return of principal out of interest thereafter derived from the public school fund. Such recovery must be made and recorded on a systematic basis applied consistently from year to year.    Interest and income that is not distributed as specified in section 22-41-102 (3) on June 30 of any fiscal year becomes part of the principal of the public school fund.     History. Source: L. 73: R&RE, p. 1241, § 1. C.R.S. 1963: § 123-4-5. L. 77: Entire section amended, p. 1056, § 3, effective July 15. L. 2016: Entire section amended,(SB 16-035), ch. 250, p. 1026, § 5, effective August 10. History. Source: L. 73: R&RE, p. 1241, § 1. C.R.S. 1963: § 123-4-5. L. 77: Entire section amended, p. 1056, § 3, effective July 15. L. 2016: Entire section amended,(SB 16-035), ch. 250, p. 1026, § 5, effective August 10.    Cross references:   For the legislative declaration in SB 16-035, see section 1 of chapter 250, Session Laws of Colorado 2016.
CO Code § 22-41-107 (2021)
2021 Colorado Code|Title 22 - Education|Article 41 - Public School Fund|§ 22-41-107. Reports

 Notwithstanding section 24-1-136 (11)(a)(I) , the public school fund investment board shall submit financial statements on November 1 of each fiscal year to the state treasurer, the state board of land commissioners, the office of state planning and budgeting, the joint budget committee, and the education and finance committees of the senate and house of representatives, or any successor committees.   History. Source: L. 73: R&RE, p. 1241, § 1. C.R.S. 1963: § 123-4-7. L. 75: (2) amended, p. 802, § 2, effective June 20. L. 77: (2) amended, p. 1056, § 4, effective June 15. L. 98: (2) repealed, p. 1076, § 7, effective June 1. L. 2016: Entire section amended,(SB 16-035), ch. 250, p. 1026, § 6, effective August 10. L. 2017: Entire section amended,(HB 17-1267), ch. 242, p. 997, § 16, effective August 9. History. Source: L. 73: R&RE, p. 1241, § 1. C.R.S. 1963: § 123-4-7. L. 75: (2) amended, p. 802, § 2, effective June 20. L. 77: (2) amended, p. 1056, § 4, effective June 15. L. 98: (2) repealed, p. 1076, § 7, effective June 1. L. 2016: Entire section amended,(SB 16-035), ch. 250, p. 1026, § 6, effective August 10. L. 2017: Entire section amended,(HB 17-1267), ch. 242, p. 997, § 16, effective August 9.    Cross references:   For the legislative declaration in SB 16-035, see section 1 of chapter 250, Session Laws of Colorado 2016.
CO Code § 22-41-108 (2021)
2021 Colorado Code|Title 22 - Education|Article 41 - Public School Fund|§ 22-41-108. Transfer of Records

 On July 1, 1973, the state board of land commissioners shall deliver to the state treasurer all records relating to investments of the public school fund made by the board.   History. Source: L. 73: R&RE, p. 1241, § 1. C.R.S. 1963: § 123-4-8. History. Source: L. 73: R&RE, p. 1241, § 1. C.R.S. 1963: § 123-4-8.
CO Code § 22-41.5-101 (2021)
2021 Colorado Code|Title 22 - Education|Article 41.5 - Voter Approval for Weakening of Debt Limitations on School Districts|§ 22-41.5-101. Legislative Declaration

  The general assembly hereby finds and declares that:   In performing its duties under sections 2 and 15 of article IX, section 20 of article X, and section 6 of article XI of the state constitution, the general assembly must balance the interests of achieving a thorough and uniform public school system, controlling public debt, preserving a limited degree of local control, and reasonably restraining most the growth of government;    In balancing these constitutional interests through the exercise of its legislative authority, the general assembly has enacted limitations on the ability of school districts to incur indebtedness;    A statutory restriction has been imposed on the amount of bonded indebtedness that school districts can incur with voter approval for capital improvements;    From time to time, changes to such limitations imposed on school districts are necessary in order to keep these constitutional interests properly balanced in light of changing circumstances;    Section 20 (1) of article X of the state constitution prohibits the weakening of “other limits on district revenue, spending, and debt” without future voter approval;    No change in school district debt occurs by virtue of statutory changes that increase a limit when the debt would not actually increase without school district voter approval and any actual weakening occurs only when school district voter approval is obtained under an increased limit; and    By requiring voters to give approval at the school district level for any weakening of a school district limit on debt, the voter approval requirement of section 20 (1) of article X is satisfied in a manner achieving a reasonable result through legislative harmonization of constitutional provisions.        History. Source: L. 95: Entire article added, p. 1017, § 1, effective May 25.
CO Code § 22-41.5-102 (2021)
2021 Colorado Code|Title 22 - Education|Article 41.5 - Voter Approval for Weakening of Debt Limitations on School Districts|§ 22-41.5-102. Voter Approval - Weakening of Limits on School District Debt

  Whenever any provision of this title imposes a limitation on the debt of school districts and the voters of a school district are required by law to approve any change in debt subject to the limitation, the general assembly shall not be required to seek statewide voter approval to amend the statutory provision that imposes the limitation.    For purposes of section 20 (1) of article X of the state constitution, any weakening of a limitation on a school district's debt shall occur only when voter approval at the school district level is obtained, and voter approval of the measure at the school district level shall satisfy any voter approval requirement of section 20 (1) of article X.    Any ballot question seeking voter approval of a weakening of any limitation on school district debt may be submitted to the eligible electors of a school district as a separate ballot question or as part of a ballot question including other ballot issues, such as the authorization of bonded indebtedness.     History. Source: L. 95: Entire article added, p. 1018, § 1, effective May 25.
CO Code § 22-42-103 (2021)
2021 Colorado Code|Title 22 - Education|Article 42 - Bonded Indebtedness|§ 22-42-103. Limitations on Elections

 The question of contracting bonded indebtedness may be submitted or resubmitted after the same or any other such question has previously been rejected at an election held pursuant to this article; but no such question shall be submitted or resubmitted at any election held less than one hundred twenty days after a previous submission of such question, and the board of education of any school district shall not submit any question of contracting bonded indebtedness at more than two elections within any twelve-month period. The provisions of this section shall not apply to elections on assumption of existing bonded indebtedness held pursuant to law.   History. Source: L. 64: R&RE, p. 547, § 1. C.R.S. 1963: § 123-11-4. L. 70: P. 332, § 3. History. Source: L. 64: R&RE, p. 547, § 1. C.R.S. 1963: § 123-11-4. L. 70: P. 332, § 3.
CO Code § 22-42-114 (2021)
2021 Colorado Code|Title 22 - Education|Article 42 - Bonded Indebtedness|§ 22-42-114. Board May Issue Bonds - Exemption From Colorado Income Tax

 When approved at an election held pursuant to section 22-42-102 , the board of education, from time to time, as the proceeds thereof shall be needed for the purposes specified in the notice of said bond election, shall issue bonds of the district in denominations of one thousand dollars or any multiple of one thousand dollars, in its discretion, bearing interest at a rate such that the annual and total repayment costs do not exceed the limits set forth in the notice of the bond election and payable at such time determined in the discretion of the board, which bonds shall mature serially, commencing not later than five years and extending not more than twenty-five years after the date thereof. Principal and interest thereon shall be payable at such place as shall be determined by said board and designated in said bonds. Said bonds shall be made callable for redemption, commencing no later than eleven years after their date, in such manner, with or without premium, as may be determined by the board. Interest on bonds issued on or after July 1, 1973, pursuant to this article shall be exempt from Colorado income tax.   History. Source: L. 64: R&RE, p. 553, § 1. C.R.S. 1963: § 123-11-15. L. 70: P. 336, § 10. L. 71: P. 1149, § 4. L. 73: P. 1250, § 1. L. 74: Entire section amended, p. 419, § 66, effective April 11. L. 2010: Entire section amended,(HB 10-1013), ch. 399, p. 1898, § 5, effective June 10. History. Source: L. 64: R&RE, p. 553, § 1. C.R.S. 1963: § 123-11-15. L. 70: P. 336, § 10. L. 71: P. 1149, § 4. L. 73: P. 1250, § 1. L. 74: Entire section amended, p. 419, § 66, effective April 11. L. 2010: Entire section amended,(HB 10-1013), ch. 399, p. 1898, § 5, effective June 10.    ANNOTATION   Board not required to determine bond issue date at election time. The board of education, in arranging for bond election and the time thereof, is not required to determine the date on which the bonds are to be issued. Hebel v. Sch. Dist. R-1, 131 Colo. 105 , 279 P.2d 673 (1955).   The adopted authorization is only for a reasonable, necessary, or prudent time. The authorization for the issuance of school district bonds when once adopted by the electors is not to be considered as an authorization for all future time, but only for such time as is reasonable, necessary or prudent. Hebel v. Sch. Dist. R-1, 131 Colo. 105 , 279 P.2d 673 (1955).
CO Code § 22-42-115 (2021)
2021 Colorado Code|Title 22 - Education|Article 42 - Bonded Indebtedness|§ 22-42-115. Form of Bonds

 The bonds issued under the provisions of this article shall be numbered consecutively, beginning with number one. The board of education of the district is authorized to prescribe the form of such bonds. Said bonds shall recite that they are issued pursuant to this article, and said bonds shall be signed by the president of the district, bear an impression of the seal of the district, and be attested by signature of the secretary. Coupons, if any, evidencing the interest thereon shall bear the signature of the president of the district, which may be affixed by him in person, or it may be an engraved or lithographed facsimile thereof. At the discretion of the board of education, any school bonds may be issued with privileges for registration of such bonds for payment as to principal, interest, or both. In the execution of bonds authorized pursuant to this article, the board of education may provide for the use of facsimile signatures and facsimile seals in the manner set forth in article 55 of title 11, C.R.S.   History. Source: L. 64: R&RE, p. 553, § 1. C.R.S. 1963: § 123-11-16. History. Source: L. 64: R&RE, p. 553, § 1. C.R.S. 1963: § 123-11-16.
CO Code § 22-42-116 (2021)
2021 Colorado Code|Title 22 - Education|Article 42 - Bonded Indebtedness|§ 22-42-116. Sale at Less Than Par - Discount

 If it is found to be in the best interest of the school district, the board of education of the school district may issue such bonds and accept therefor less than their face value.   History. Source: L. 64: R&RE, p. 554, § 1. C.R.S. 1963: § 123-11-17. L. 70: P. 336, § 11. L. 2010: Entire section amended, (HB 10-1013), ch. 399, p. 1899, § 6, effective June 10. History. Source: L. 64: R&RE, p. 554, § 1. C.R.S. 1963: § 123-11-17. L. 70: P. 336, § 11. L. 2010: Entire section amended, (HB 10-1013), ch. 399, p. 1899, § 6, effective June 10.
CO Code § 22-42-117 (2021)
2021 Colorado Code|Title 22 - Education|Article 42 - Bonded Indebtedness|§ 22-42-117. Board to Certify Needed Revenues

  If the board of education has issued any of said bonds, at the time of certifying to the board of county commissioners a statement showing the amount necessary to raise from the taxable property of said district for the general fund as required by law, it shall also certify to said board of county commissioners the amount needed for its bond redemption fund to pay all installments of principal and interest of said bonds, which, according to their terms, have already become due and payable or shall become due and payable during the next ensuing fiscal year, or both, together with such additional amount, if any, as in the judgment of the board of education it is desirable to raise from the taxable property of said district for the purpose of redeeming, during the said ensuing fiscal year, any of said bonds which are redeemable but not due. Separate amounts shall be certified for the bond redemption fund to satisfy the outstanding obligations of bonded indebtedness which involve separate tax levies on taxable property located within different territorial limits.    The board of education has authority to include in each amount certified for said bond redemption fund an amount to create a reserve for the redemption of bonds in future years prior to their maturities, for the payment of bonds in future years either prior to or at their maturities, or for purchasing at a discount and cancellation any bond on which the interest is being paid for the current district debt service mill levy; but said reserve shall be restricted to the subsidiary account in the bond redemption fund for which said tax levy was made.     History. Source: L. 64: R&RE, p. 554, § 1. C.R.S. 1963: § 123-11-18. L. 81: (2) amended, p. 1072, § 1, effective July 1. L. 94: (2) amended, p. 808, § 12, effective April 27. L. 2003: (2) amended, p. 1299, § 7, effective April 22. History. Source: L. 64: R&RE, p. 554, § 1. C.R.S. 1963: § 123-11-18. L. 81: (2) amended, p. 1072, § 1, effective July 1. L. 94: (2) amended, p. 808, § 12, effective April 27. L. 2003: (2) amended, p. 1299, § 7, effective April 22.    ANNOTATION   Subsection (1) is consistent with art. X, § 20, of the state constitution. Bolt v. Arapahoe County Sch. Dist. No. 6, 898 P.2d 525 (Colo. 1995).
CO Code § 22-42-118 (2021)
2021 Colorado Code|Title 22 - Education|Article 42 - Bonded Indebtedness|§ 22-42-118. Tax Levy to Pay Principal and Interest

  If any school district has issued bonds under the provisions of this article, it is the duty of the board of county commissioners of the county in which said district is situated, at the time of levying other school district taxes, to levy a tax on all the taxable property of said district at a rate sufficient to produce such amount as has been certified by the board of education of said district, for the purpose of paying bonds not yet due, as provided in section 22-42-117.    Except when said school district has sufficient moneys or securities in a refunding escrow account to satisfy the bonded indebtedness obligations which will be due and payable during said district's next ensuing calendar year, if the board of education fails to certify such an amount to the board of county commissioners as required by section 22-42-117, the board of county commissioners, nevertheless, shall levy upon the appropriate taxable property of said district a tax in addition to the taxes levied for other purposes, in an amount sufficient to pay all installments of principal and interest of said bonds that shall become due during the next ensuing calendar year, or, if said bonds do not become due and payable in series at different times, in an amount sufficient to pay all installments of interest then to become due and the aforesaid portion of principal.    The amount certified pursuant to section 22-42-117 and the rate of the tax levy required by this section shall be sufficient to cover any deficiency which may occur by reason of delinquent payment of taxes.    The county treasurer shall not collect any fee on the moneys received by virtue of a tax levied pursuant to this section, nor shall he collect any fee on any moneys received from any other source to pay bonds or interest thereon. The county treasurer may collect a fee, as provided in section 30-1-102 (1)(q), C.R.S., for services rendered by virtue of his office having been designated as the place of payment or optional place of payment for bonds issued under this article or under article 43 of this title, but this fee shall be collected only when the county treasurer has a financial institution perform such services regarding the bonds, and such fee shall be in an amount equal to the fee charged the county treasurer by the financial institution.     History. Source: L. 64: R&RE, p. 554, § 1. C.R.S. 1963: § 123-11-19. L. 79: (4) amended, p. 792, § 1, effective July 1. L. 90: (2) amended, p. 1083, § 41, effective May 31. History. Source: L. 64: R&RE, p. 554, § 1. C.R.S. 1963: § 123-11-19. L. 79: (4) amended, p. 792, § 1, effective July 1. L. 90: (2) amended, p. 1083, § 41, effective May 31.    ANNOTATION   This section is consistent with art. X, § 20, of the state constitution. Bolt v. Arapahoe County Sch. Dist. No. 6, 898 P.2d 525 (Colo. 1995).