reglab/housing_qa huggingface dataset:
CO Code § 23-3.1-205.5 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-205.5. Collegeinvest - Enterprise Status

  Collegeinvest shall constitute an enterprise for the purposes of section 20 of article X of the state constitution, so long as collegeinvest retains the ability to issue revenue bonds and receives less than ten percent of its total annual revenues in grants, as defined in section 24-77-102 (7), C.R.S., from all Colorado state and local governments combined. So long as it constitutes an enterprise pursuant to this subsection (1), collegeinvest shall not be subject to any provisions of section 20 of article X of the state constitution. Agreements between collegeinvest and the student loan division in the department of higher education for the guarantee of payment of student loans are not grants for purposes of the definition of enterprise under section 20 (2)(d) of article X of the state constitution.    For purposes of part 2 of article 72 of title 24, C.R.S., the records of collegeinvest and the board shall be public records, as defined in section 24-72-202 (6), C.R.S., except to the extent otherwise specified by law, regardless of whether collegeinvest and the board constitute an enterprise pursuant to subsection (1) of this section.     History. Source: L. 2000: Entire section added, p. 1274, § 6, effective May 26. L. 2004: Entire section amended, p. 565, § 12, effective July 1.
CO Code § 23-3.1-205.7 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-205.7. Department of Higher Education - Executive Director - Powers and Duties

 In addition to any other powers and duties specifically granted by law, the executive director shall have such powers and duties as are not otherwise granted to the authority in this part 2 and in part 3 of this article, and shall also have all powers and duties necessary to oversee the authority, including, but not limited to, its management and direction.   History. Source: L. 2000: Entire section added, p. 1274, § 6, effective May 26.
CO Code § 23-3.1-206.5 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-206.5. Servicing of Student Obligations and Institutional Loans

  (Deleted by amendment,L. 2004, p. 566, § 14, effective July 1, 2004.)    The authority may contract with the division to service student obligations made or purchased by the authority.     History. Source: L. 84: Entire section added, p. 625, § 22, effective April 10. L. 2004: Entire section amended, p. 566, § 14, effective July 1. L. 2010: (2) amended, (HB 10-1428), ch. 390, p. 1831, § 8, effective June 9.
CO Code § 23-3.1-207 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-207. Notes

  The authority may issue from time to time its negotiable notes for any of its purposes as provided in this part 2, including purchase of student obligations or the making of student obligations or institutional loans, and may renew from time to time any notes by the issuance of new notes, whether the notes to be renewed have or have not matured. The authority may issue notes partly to renew notes or to discharge other obligations then outstanding and partly for any other purpose. The notes may be authorized, sold, executed, and delivered in the same manner as bonds.    Any resolution authorizing notes of the authority or any issue of such notes may contain any provisions which the authority is authorized to include in any resolution authorizing bonds of the authority or any issue of bonds, and the authority may include in any notes any terms, covenants, or conditions which it is authorized to include in any bonds.    All such notes shall be payable from the proceeds of bonds or renewal notes or from the revenues of the authority or other moneys available for such payment and not otherwise pledged, subject only to any contractual rights of the holders of any of its notes or other obligations outstanding at the time of issuance of such notes.     History. Source: L. 79: Entire article added, p. 816, § 1, effective July 1. L. 84: (1) amended, p. 626, § 23, effective April 10. L. 2004: (1) amended, p. 568, § 16, effective July 1.
CO Code § 23-3.1-209 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-209. Negotiability of Bonds

 All bonds and any interest coupons applicable to such bonds are hereby declared and shall be construed to be negotiable instruments.   History. Source: L. 79: Entire article added, p. 818, § 1, effective July 1. L. 84: Entire section amended, p. 627, § 25, effective April 10.
CO Code § 23-3.1-211 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-211. Personal Liability

 Neither the members of the board, employees or agents of the authority, nor any person executing the bonds or notes or advance payment contracts shall be liable personally on bonds or notes or advance payment contracts or be subject to any personal liability or accountability by reason of the issuance thereof or as a result of the prepaid expense program.   History. Source: L. 79: Entire article added, p. 820, § 1, effective July 1. L. 96: Entire section amended, p. 427, § 5, effective April 22. L. 2000: Entire section amended, p. 1282, § 9, effective May 26. L. 2004: Entire section amended, p. 572, § 19, effective July 1.
CO Code § 23-3.1-212 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-212. Purchase

 The authority may purchase its bonds or notes out of any available funds. The authority may hold, pledge, cancel, or resell such bonds or notes, subject to and in accordance with agreements with bondholders or noteholders.   History. Source: L. 79: Entire article added, p. 820, § 1, effective July 1.
CO Code § 23-3.1-213 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-213. Payment of Bonds and Advance Payment Contracts - Limited Liability of State

  Bonds and notes issued by the authority shall be payable solely from the funds provided for in this part 2 and shall not otherwise constitute or become an indebtedness, a debt, or a liability of the state, nor shall the state otherwise be liable on such bonds and notes, nor shall such bonds or notes constitute the giving, pledging, or loaning of the full faith and credit of the state. The issuance of bonds or notes under the provisions of this part 2 shall not obligate the state or empower the authority, directly, indirectly, or contingently, to levy or collect any form of taxes or assessments, to create any indebtedness payable out of taxes or assessments, or to make any appropriation for their payment, and such appropriation, levy, or collection is prohibited.    Nothing in this part 2 shall be construed to authorize the authority to create a debt of the state within the meaning of the constitution or statutes of Colorado; and all bonds issued by the authority pursuant to the provisions of this part 2 are payable and shall state that they are payable solely from the funds pledged for their payment in accordance with the resolution authorizing their issuance or with any trust indenture executed as security for such bonds and are not otherwise a debt or liability of the state of Colorado.    Except as otherwise provided in this part 2, the state shall not be liable in any event for the payment of the principal of or interest on any bonds of the authority or for the performance of any pledge, obligation, or agreement of any kind whatsoever that may be undertaken by the authority. No breach of any such pledge, obligation, or agreement shall impose any pecuniary liability upon the state, except from funds specifically pledged by the state, or any charge upon its general credit or against its taxing power.    Except as otherwise provided in this part 2, advance payment contracts and the benefits due thereunder shall be payable solely from the moneys in the prepaid expense trust fund, and shall not otherwise constitute or become an indebtedness, a debt, or a liability of the state, nor shall the state otherwise be liable on such advance payment contracts, nor shall such advance payment contracts constitute the giving, pledging, or loaning of the full faith and credit of the state. Advance payment contracts and the benefits due thereunder shall be payable by the authority solely from moneys in the prepaid expense trust fund and are not payable from or secured in any way by other moneys or accounts of the authority.     History. Source: L. 79: Entire article added, p. 820, § 1, effective July 1. L. 96: (4) added, p. 428, § 6, effective April 22. L. 2000: Entire section amended, p. 1282, § 10, effective May 26.
CO Code § 23-3.1-214 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-214. Exemption From Taxation - Securities Law

 The income or other revenues of the authority, including income earned on the investment of moneys in the prepaid expense and the savings trust funds, all properties at any time owned by the authority, any bonds, notes, or other obligations issued pursuant to this part 2, the transfer of and the income, including any profit made on sale, from any such bonds, notes, or other obligations, and all trust indentures and other documents issued in connection with such bonds, notes, or other obligations shall be exempt at all times from all taxation and assessments in the state of Colorado. In the bond resolution authorizing the issuance of any bonds by the authority, the board may waive the exemption from federal income taxation for interest on such bonds. Bonds issued by the authority shall also be exempt from the provisions of article 51 of title 11, C.R.S.   History. Source: L. 79: Entire article added, p. 820, § 1, effective July 1. L. 83: Entire section amended, p. 785, § 3, effective April 29. L. 96: Entire section amended, p. 428, § 7, effective April 22.
CO Code § 23-3.1-215 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-215. Fees

 All expenses of the authority incurred in carrying out the provisions of this part 2 shall be payable solely from funds provided under the authority of this part 2, and no liability shall be incurred by the authority beyond the moneys which are provided pursuant to this part 2. For the purposes of meeting the necessary expenses of initial organization and operation until such date as the authority derives moneys from funds provided pursuant to this part 2, the authority may borrow such moneys as may be required for the necessary expenses of organization and operation. Such borrowed moneys shall be repaid within a reasonable time after the authority receives funds provided pursuant to this part 2.   History. Source: L. 79: Entire article added, p. 821, § 1, effective July 1.
CO Code § 23-3.1-217 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-217. Proceeds as Trust Funds

 Except as otherwise provided in this part 2, all moneys received pursuant to this part 2, whether as proceeds from the sale of bonds, notes, or other obligations or as revenues or receipts, including moneys received under advance payment contracts shall be deemed to be trust funds to be held and applied solely as provided in this part 2. Any officer, bank, or trust company with which such moneys are deposited shall act as trustee of such moneys and shall hold and apply the same for the purposes of this part 2, subject to such policies and guidelines as the authority and the resolution authorizing the bonds, notes, or other obligations of any issue or the trust indenture securing such obligations provides.   History. Source: L. 79: Entire article added, p. 821, § 1, effective July 1. L. 96: Entire section amended, p. 429, § 9, effective April 22. L. 2000: Entire section amended, p. 1285, § 12, effective May 26.
CO Code § 23-3.1-217.5 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-217.5. Claims of Creditors - Exemption

 Moneys credited to or expended from the prepaid expense trust fund by or on behalf of a purchaser or qualified beneficiary of an advance payment contract made under this part 2, which contract has not been terminated, are exempt from all claims of creditors of the purchaser, the qualified beneficiary, or the authority.   History. Source: L. 96: Entire section added, p. 429, § 10, effective April 22. L. 2000: Entire section amended, p. 1285, § 13, effective May 26.
CO Code § 23-3.1-218 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-218. Agreement of the State Not to Limit or Alter Rights of Obligees

 The state hereby pledges to and agrees with the holders of any bonds, notes, or other obligations issued under this part 2 and with those parties who may enter into contracts with the authority, with state-supported institutions of higher education, or with the division pursuant to the provisions of this part 2 that the state will not limit, alter, restrict, or impair the rights vested in the authority to fulfill the terms of any agreements made with the holders of bonds, notes, or other obligations authorized and issued pursuant to this part 2 and with the parties who may enter into contracts with the authority pursuant to this part 2, and that the state will not limit, alter, restrict, or impair the rights vested in any state-supported institution of higher education or in the division to fulfill the terms of any contracts made with the authority and with the parties who may enter into contracts with such institutions of higher education or with the division pursuant to this part 2. The state further agrees that it will not in any way impair the rights or remedies of the holders of such bonds, notes, or other obligations of such parties until such bonds, notes, and other obligations, together with interest thereon, with interest on any unpaid installment of interest and all costs and expenses in connection with any action or proceeding by or on behalf of such holders, are fully met and discharged and such contracts are fully performed on the part of the authority, the state-supported institutions of higher education, or the division. Nothing in this part 2 precludes such limitation or alteration if and when adequate provision is made by law for the protection of the holders of such bonds, notes, or other obligations of the authority or those entering into such contracts with the authority or the authority under any contract with a state-supported institution of higher education or with the division. The authority may include this pledge and undertaking for the state in such bonds, notes, or other obligations and in such contracts.   History. Source: L. 79: Entire article added, p. 821, § 1, effective July 1. L. 84: Entire section amended, p. 628, § 27, effective April 10.
CO Code § 23-3.1-219 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-219. Enforcement of Rights of Bondholders

 Any holder of bonds issued pursuant to this part 2 or a trustee under a trust agreement or trust indenture entered into pursuant to this part 2, except to the extent that his rights are restricted by any bond resolution, may protect and enforce, by any suitable form of legal proceedings, any rights under the laws of this state or granted by the bond resolution. Such rights include the right to compel the performance of all duties of the authority required by this part 2 or the bond resolution and to enjoin unlawful activities.   History. Source: L. 79: Entire article added, p. 822, § 1, effective July 18.
CO Code § 23-3.1-220 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-220. Bonds Eligible for Investment

 All banks, bankers, trust companies, savings and loan associations, investment companies, insurance companies and associations, executors, administrators, guardians, trustees, and other fiduciaries may legally invest any sinking funds, moneys, or other funds belonging to them or within their control in any bonds, notes, or other obligations, issued pursuant to this part 2. Public entities, as defined in section 24-75-601 (1) , C.R.S., may invest public funds in such bonds, notes, or other obligations only if said bonds, notes, or other obligations satisfy the investment requirements established in part 6 of article 75 of title 24, C.R.S.   History. Source: L. 79: Entire article added, p. 822, § 1, effective July 1. L. 89: Entire section amended, p. 1127, § 59, effective July 1. L. 2004: Entire section amended, p. 572, § 21, effective July 1.
CO Code § 23-3.1-221 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-221. Account of Activities - Receipts for Expenditures - Report - Audit

 The authority shall keep an accurate account of all its activities and of all its receipts and expenditures and shall report annually on such activities, receipts, and expenditures in the month of February to its members, to the governor, to the commission, and to the state auditor in a form prescribed by the controller. Also included in the report shall be any recommendations with reference to additional legislation, a financial analysis of the actuarial soundness of the prepaid expense trust fund if one was prepared, an accounting of any loans or transfers approved pursuant to section 23-3.1-205.4 (4) , and other action that may be necessary to carry out the purposes of the authority. The state auditor may investigate the affairs of the authority and may examine the properties and records of the authority, and the controller may prescribe methods of accounting and the rendering of periodical reports in relation to undertakings by the authority. The department of higher education shall adopt and prepare a budget for the authority for the next fiscal year. Beginning July 1, 2000, the fiscal year of the authority shall begin on July 1 and shall end on June 30. The authority shall not be required to comply with fiscal rules of the state of Colorado until July 1, 2000.   History. Source: L. 79: Entire article added, p. 822, § 1, effective July 1. L. 81: Entire section amended, p. 341, § 5, effective March 29; entire section amended, p. 1091, § 4, effective May 28. L. 96: Entire section amended, p. 430, § 11, effective April 22. L. 2000: Entire section amended, p. 1286, § 14, effective May 26. L. 2003: Entire section amended, p. 552, § 2, effective August 6. L. 2004: Entire section amended, p. 572, § 22, effective July 1.    Editor's note:   Amendments to this section in House Bill 81-1215 and House Bill 81-1020 were harmonized.
CO Code § 23-3.1-222 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-222. Federal Social Security Act

 The authority may take such action as it deems appropriate to enable its employees to come within the provisions and obtain the benefits of the federal “Social Security Act”, as from time to time amended.   History. Source: L. 79: Entire article added, p. 822, § 1, effective July 1.
CO Code § 23-3.1-223 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-223. Powers of Authority Not Restricted

 This part 2 shall not be construed as a restriction or limitation upon any powers which the authority might otherwise have under any laws of this state but shall be construed as cumulative of any such powers. Nothing in this part 2 shall be construed to deprive the state and its political subdivisions of their respective police powers over properties of the authority or to impair any power over such properties of any official or agency of the state and its governmental subdivisions which may be otherwise provided by law.   History. Source: L. 79: Entire article added, p. 822, § 1, effective July 1.
CO Code § 23-3.1-224 (2021)
2021 Colorado Code|Title 23 - Postsecondary Education|Article 3.1 - Student Loan Program|Part 2 - Student Obligations and Institutional Loans|§ 23-3.1-224. Contract Powers of State-Supported Institutions of Higher Education - Nonliability of State

  For the purpose of funding student obligations, the governing board of any state-supported institution of higher education is authorized to enter into contracts with the authority for the making or securing of student obligations and institutional loans, or the securing of authority bonds including, without limiting the generality of the foregoing, contracts which require such institutions to pledge certain revenues, pay fees, advance or loan funds to the authority, establish and maintain reserves, and make, sell, or purchase student obligations.    For the purpose of making student obligations, the governing board of any state-supported institution of higher education is authorized to enter into contracts with the division for the origination, disbursement, servicing, or guarantee of any student obligation funded by an institutional loan.    Nothing in this section shall be construed to authorize a state-supported institution of higher education to create a debt of the state within the meaning of the constitution or statutes of Colorado.    Any obligation incurred by any state-supported institution of higher education under the provisions of this part 2 shall not constitute or become an indebtedness, a debt, or a liability of the state, nor shall the state be liable on such obligations, nor shall such obligations constitute the giving, pledging, or loaning of the full faith and credit of the state. Such obligations shall not obligate the state or empower such institution, directly, indirectly, or contingently, to levy or collect any form of taxes or assessments, to create any indebtedness payable out of taxes or assessments, or to make any appropriation for their payment, and such appropriation, levy, or collection is prohibited.    The state shall not be liable in any event for the performance of any pledge, obligation, or agreement of any kind whatsoever which may be undertaken by such institutions. No breach of any such pledge, obligation, or agreement shall impose any pecuniary liability upon the state or any charge upon its general credit or against its taxing power.     History. Source: L. 84: Entire section added, p. 629, § 28, effective April 10. L. 2004: (1) and (2) amended, p. 573, § 23, effective July 1.