reglab/statecodes huggingface dataset:
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 6 - REFUNDING BONDS (§§ 23-71-601 — 23-71-610) › Section 23-71-601 - Definitions

As used in this part 6, unless the context otherwise requires:
(1)
"Board of trustees" means the governing body authorized by law to administer the affairs of any local college district.
(2)
"District" means a local college district organized and existing pursuant to law.
(3)
"Federal securities" means the bills, certificates of indebtedness, notes, or bonds which are direct obligations of, or the principal and interest of which obligations are unconditionally guaranteed by, the United States.
(4)
"Net effective interest rate" of a proposed issue of refunding bonds means the net interest cost of said refunding issue divided by the sum of the products derived by multiplying the principal amounts of such refunding issue maturing on each maturity date by the number of years from the date of said proposed refunding bonds to their respective maturities. "Net effective interest rate" of an outstanding issue of bonds to be refunded means the net interest cost of said issue to be refunded divided by the sum of the products derived by multiplying the principal amounts of such issue to be refunded maturing on each maturity date by the number of years from the date of the proposed refunding bonds to the respective maturities of the bonds to be refunded. In all cases the net effective interest rate shall be computed without regard to any option of redemption prior to the designated maturity dates of the bonds.
(5)
"Net interest cost" of a proposed issue of refunding bonds means the total amount of interest to accrue on said refunding bonds from their date to their respective maturities, less the amount of any premium above par at which said refunding bonds are being or have been sold. "Net interest cost" of an outstanding issue of bonds to be refunded means the total amount of interest which would accrue on said outstanding bonds from the date of the proposed refunding bonds to the respective maturity dates of said outstanding bonds to be refunded. In all cases the net interest cost shall be computed without regard to any option of redemption prior to the designated maturity dates of the bonds.
L. 75: Entire article added, p. 776, § 1, effective July 1. L. 86: (1) amended, p. 867, § 60, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 6 - REFUNDING BONDS (§§ 23-71-601 — 23-71-610) › Section 23-71-602 - Refunding bonds may be issued

(1)
Any district in this state may issue negotiable coupon bonds to be denominated refunding bonds for the purpose of refunding any of the bonded indebtedness of such district, whether said indebtedness is due or not due or has or may hereafter become payable or redeemable at the option of such district, or by consent of the bondholders, or by any lawful means, whether such bonded indebtedness be now existing or may hereafter be created.
(2)
The bonded indebtedness of any district outstanding at the time of the inclusion of all such district's territory in another district, by reorganization, consolidation, dissolution, or any other lawful means, may be refunded by action of the board of trustees of the district, including such territory at the time of such refunding, whether or not such indebtedness has been assumed by the district including such territory.
(3)
When an entire district having outstanding bonded indebtedness has been divided and parts thereof included within two or more other districts by any lawful means, the refunding of such indebtedness shall require affirmative action by a majority of the members of the boards of trustees of each of the districts within which any part of the territory of such district owing said indebtedness is then included, except as is provided in this part 6 to the contrary.
(4)
The bonded indebtedness of any district outstanding at the time any territory of said district is detached therefrom by any lawful means, and which district has retained its lawful corporate existence subsequent to the detachment of such territory from said district, may be refunded by action of the board of trustees of such district from which territory has been detached with or without concurrence or action by the board of trustees of the district within which said detached territory is included. Such districts from which territory has been detached and which retain their corporate existence subsequent to detachment are specifically exempted from the requirements and provisions of subsection (3) of this section.
(5)
Any such refunding bonds may be issued to refund any issues of outstanding bonds; but no two or more issues of outstanding bonds may be refunded by a single issue of refunding bonds unless the taxable property upon which tax levies are being made for payment of each such outstanding issue of bonds is identical to the taxable property on which such levies are being made for the payment of all other outstanding bonds proposed to be refunded by such single issue of refunding bonds.
L. 75: Entire article added, p. 777, § 1, effective July 1. L. 86: (2) to (4) amended, p. 867, § 61, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 6 - REFUNDING BONDS (§§ 23-71-601 — 23-71-610) › Section 23-71-603 - Question of issuing refunding bonds

(1)
When the board of trustees of any district deems it expedient to issue refunding bonds under the provisions of this part 6 and the net effective interest rate and the net interest cost of said issue of refunding bonds do not exceed the net effective interest rate and the net interest cost of the outstanding bonds to be refunded, such refunding bonds may be issued without the submission of the question of issuing the same at an election held in accordance with part 5 of this article. If two or more issues of outstanding bonds of a district are to be refunded by the issuance of a single issue of refunding bonds, as provided in section
23-71-602(5)
, the net interest cost and net effective interest rate on the bonds to be refunded shall be computed as if all of said bonds had originally been combined as a single issue aggregating the total of the smaller issues, and the results of this computation shall be compared with the net interest cost and net effective interest rate on the whole of the single refunding issue for purposes of determining the necessity of submitting the question of issuing such refunding bonds at an election held in accordance with part 5 of this article.
(2)
If any district proposes to issue refunding bonds, on which issue the net interest cost or net effective interest rate exceeds the net interest cost or net effective interest rate of the outstanding bonds to be refunded, the board of trustees shall submit the question of issuing such refunding bonds and the maximum net interest cost and maximum net effective interest rate at which such refunding bonds may be issued at the regular biennial election or at a special election called for that purpose. Any such election shall be called and held as nearly as may be in accordance with part 5 of this article for elections on the question of the issuance of other bonds of the issuing district.
L. 75: Entire article added, p. 778, § 1, effective July 1. L. 86: Entire section amended, p. 868, § 62, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 6 - REFUNDING BONDS (§§ 23-71-601 — 23-71-610) › Section 23-71-604 - Authorization - form - interest

(1)
Such refunding bonds shall be authorized by a resolution fixing the date, the denominations, the rate of interest on individual bonds, the maturity dates which shall not be more than twenty-five years after the date of such refunding bonds, and the place of payment, within or without the state of Colorado, of both principal and interest and prescribing the form of such refunding bonds. Such bonds shall be negotiable in form and executed in the same manner as prescribed for other school district bonds. At the discretion of the board of trustees, any such bonds may be issued with privileges for registration for payment as to principal or interest, or both.
(2)
The interest accruing on such refunding bonds may be evidenced by interest coupons thereto attached in substantially the same form as prescribed for other school district bonds, and, when so executed, such coupons shall be the binding obligations of the district according to their import. Such refunding bonds shall mature serially, commencing not later than five years after the date of such bonds and maturing during a period not exceeding twenty-five years after the date thereof. The amount of such maturities shall be fixed by the board of trustees and specified in the resolution authorizing the issuance of the refunding bonds. The right to redeem all or part of said bonds prior to their maturity, and the order of any such redemption, may be reserved in the resolution authorizing the issuance of bonds and shall be set forth on the face of said bonds. Interest on local college district refunding bonds issued on or after July 1, 1973, shall be exempt from Colorado income tax.
L. 75: Entire article added, p. 778, § 1, effective July 1. L. 86: Entire section amended, p. 869, § 63, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 6 - REFUNDING BONDS (§§ 23-71-601 — 23-71-610) › Section 23-71-605 - Sale - proceeds - amounts

Such refunding bonds may be exchanged for the bonds to be refunded, or they may be sold at, above, or below their par value; but such refunding bonds shall be exchanged or sold at a price such that the net interest cost and the net effective interest rate for the issue of refunding bonds does not exceed the net interest cost and the net effective interest rate of the outstanding bonds to be refunded or the maximum net effective interest rate and net interest cost approved by the voters, as the case may be. Such refunding bonds shall be in a principal amount not exceeding the principal amount of the bonds to be refunded, as directed by the board of trustees, and the proceeds thereof shall be applied only to the purpose for which such refunding bonds were issued. The principal amount of said refunding bonds may be the same as or less than the principal amount of the bonds to be refunded, if due, adequate, and sufficient provision has been made for the payment or redemption and retirement of said bonds to be refunded and the payment of the interest accruing thereon in accordance with this part 6.
L. 75: Entire article added, p. 779, § 1, effective July 1. L. 86: Entire section amended, p. 869, § 64, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 6 - REFUNDING BONDS (§§ 23-71-601 — 23-71-610) › Section 23-71-606 - Needed revenues - tax levy - miscellaneous

(1)
Whenever a board of trustees issues refunding bonds under the provisions of this part 6, sections
23-71-517
to
23-71-521
shall be applicable to said refunding bonds and the procedures therefor, in the same manner as prescribed for other district bonds; except that any such refunding bonds shall be payable from the same funds which are to be derived from the same source as would have been used to pay the original bonds if no refunding thereof had occurred.
(2)
After refunding bonds are issued pursuant to this part 6, the resolution authorizing the same and providing for the levy of taxes for the payment of interest upon and the principal of such refunding bonds shall not be altered or repealed until the refunding bonds so authorized have been fully paid.
L. 75: Entire article added, p. 779, § 1, effective July 1. L. 86: (1) amended, p. 869, § 65, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 6 - REFUNDING BONDS (§§ 23-71-601 — 23-71-610) › Section 23-71-608 - Reports

Each district which issues refunding bonds under the provisions of this part 6 shall file a report within sixty days after the issuance of said bonds with the state board for community colleges and occupational education. The report shall indicate the principal amount of bonds refunded, the net effective interest rate of both the bonds refunded and the refunding bonds, the net interest cost of both the bonds refunded and the refunding bonds, all district costs incident to the issuance of refunding bonds, including those of the escrow agent, and such other items as may be determined by the state board for community colleges and occupational education.
L. 75: Entire article added, p. 780, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 6 - REFUNDING BONDS (§§ 23-71-601 — 23-71-610) › Section 23-71-609 - Validation

All outstanding bonds and all acts and proceedings had or taken, or purportedly had or taken, prior to July 1, 1964, by or on behalf of any district under law or under color of law preliminary to and in the authorization, execution, sale, issuance, and payment of such bonds are validated, ratified, approved, and confirmed, notwithstanding any lack of power or authority, or otherwise, other than constitutional, and notwithstanding any defects and irregularities, other than constitutional, in such bonds, acts, and proceedings and in such authorization, execution, sale, issuance, and payment, including, without limiting the generality of the foregoing, such acts and proceedings appertaining to bonds, all or any part of which have not been issued nor purportedly issued.
L. 75: Entire article added, p. 781, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 6 - REFUNDING BONDS (§§ 23-71-601 — 23-71-610) › Section 23-71-610 - Prior obligations not impaired

Nothing in this part 6 shall impair the obligations of any bonds, or the refunding thereof, issued by a district prior to July 1, 1964, or otherwise invalidate any such bond or the obligations or refunding thereof.
L. 75: Entire article added, p. 781, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-701 - Short title

This part 7 shall be known and may be cited as the "Local District College Revenue Securities Law".
L. 75: Entire article added, p. 781, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-703 - Power to issue securities

(1)
The committee of any district, pursuant to authorizing resolution and subject to the provisions and contractual limitations in resolutions authorizing outstanding revenue bonds and other securities of the district, may issue, without an election, securities to defray, in whole or in part, the cost of a project in the manner provided in and subject to the limitations imposed by this part 7.
(2)
The project may be the acquisition, by purchase, construction, or otherwise, the improvement, or the equipment, or any combination thereof, of any dormitory, faculty or student housing unit, dining hall, recreational center, student center, laboratory, classroom, classroom building, administrative office, administrative building, swimming pool, gymnasium, athletic field, stadium, and any other building, structure, or land necessary or desirable for use in connection with a local district college of a district.
(3)
The cost of the project may include, in the committee's discretion, all incidental costs pertaining to the project and the financing thereof, including, without limitation, contingencies and the capitalization with proceeds of securities of operation and maintenance expenses appertaining to facilities to be acquired and interest on the securities for any period not exceeding the period estimated by the committee to effect the project plus one year, of any discount on the securities and of any reserves for payment of principal of and interest on the securities.
L. 75: Entire article added, p. 783, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-704 - Interim securities

The committee may issue interim securities, which may be designated "bonds", "notes", or "warrants", evidencing any emergency loans, construction loans, and other temporary loans of not exceeding three years, in supplementation of long-term financing, such interim securities to be funded with the proceeds of long-term securities, net pledged revenues, or further interim securities, or any combination thereof, as the committee may determine.
L. 75: Entire article added, p. 783, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-705 - Terms of securities

(1)
Except to the extent inconsistent with this part 7, any securities issued under this part 7 for any project shall be issued in the form and manner and with the effect provided in sections
11-54-111
and
11-54-112
, C.R.S., for public securities issued under the "Refunding Revenue Securities Law".
(2)
The authorizing resolution, trust indenture, or other instrument appertaining thereto may contain any of the covenants, and the committee may do such acts and things as are permitted in section
11-54-113
, C.R.S., of the "Refunding Revenue Securities Law".
(3)
Revenue obligations issued to refund revenue bonds of a district and to refund securities issued under this part 7 may be issued under the "Refunding Revenue Securities Law".
L. 75: Entire article added, p. 784, § 1, effective July 1.
For the "Refunding Revenue Securities Law", see article 54 of title 11.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-706 - Payable from special fund

The securities shall be payable and collectible, as to principal, interest, and any prior redemption premium, solely out of net pledged revenues; the holder thereof may not look to any general or other fund for such payment of such securities, except the net revenues pledged therefor; the securities shall not constitute an indebtedness or a debt within the meaning of any constitutional or statutory provision or limitation, if any such provision or limitation appertains thereto; the securities shall not be considered or held to be general obligations of the district but shall constitute its special obligations; and the full faith and credit of the district shall not be pledged for their payment. Such payment shall not be secured by an encumbrance, mortgage, or other pledge of property of the district, except for its pledged revenues. No property of the district, subject to said exception, shall be liable to be forfeited or taken in payment of securities.
L. 75: Entire article added, p. 784, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-707 - Recital of regularity

A resolution providing for the issuance of bonds or other securities under this part 7 or an indenture or other proceedings appertaining thereto may provide that the securities contain a recital that they are issued pursuant to this part 7, which recital shall be conclusive evidence of their validity and the regularity of their issuance.
L. 75: Entire article added, p. 784, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-708 - Committee determination conclusive

The determination of the committee that the limitations imposed under this part 7 upon the issuance of securities under this part 7 have been met shall be conclusive in the absence of fraud or arbitrary and gross abuse of discretion, regardless of whether the authorizing resolution or the securities thereby authorized contain a recital as authorized by section
23-71-707
.
L. 75: Entire article added, p. 784, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-709 - No impairment of contract

Nothing in this part 7 or in any other law shall impair the existing obligations of contract embodied in outstanding revenue bonds validly issued under the statutes in force at the times of their issue prior to July 1, 1967.
L. 75: Entire article added, p. 784, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-710 - Tax exemption

Bonds and other securities issued under the provisions of this part 7, their transfer, and the income therefrom are exempt from taxation by this state or any subdivision thereof.
L. 75: Entire article added, p. 784, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-711 - Construction

(1)
This part 7, without reference to other statutes of this state, except as otherwise expressly provided in this part 7, constitutes full authority for the exercise of the incidental powers granted in this part 7 concerning the borrowing of money to defray wholly or in part the cost of any project and the issuance of securities to evidence such loans.
(2)
No other act or law with regard to the authorization or issuance of securities or the exercise of any other power granted in this part 7 that requires an approval or in any way impedes or restricts the carrying out of the acts authorized to be done in this part 7 shall be construed as applying to any proceedings taken under this part 7 or acts done pursuant thereto, except as otherwise provided in this part 7.
(3)
The powers conferred by this part 7 shall be in addition and supplemental to, and not in substitution for, and the limitations imposed by this part 7 shall not affect the powers conferred by any other law.
(4)
Nothing in this part 7 shall prevent the exercise of any power granted to the committee or to a district acting by and through its committee, or any officer, agent, or employee thereof, by any other law.
(5)
No part of this part 7 shall repeal or affect any other law or part thereof, it being intended that this part 7 provide a separate method of accomplishing its objectives and not an exclusive one; and this part 7 shall not be construed as repealing, amending, or changing any such other law.
L. 75: Entire article added, p. 784, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-712 - Liberal construction

This part 7, being necessary to secure the public health, safety, convenience, and welfare, shall be liberally construed to effect its purposes.
L. 75: Entire article added, p. 785, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 71 - LOCAL DISTRICT COLLEGES (§§ 23-71-101 — 23-71-713) › Part 7 - LOCAL DISTRICT COLLEGES - REVENUE SECURITIES LAW (§§ 23-71-701 — 23-71-713) › Section 23-71-713 - Validation

All pledges of pledged revenues (including but not necessarily limited to grants, appropriations, and other donations from the United States or its agencies and any other donor, except the state or its agencies or political subdivisions) made to the payment of revenue bonds of local college districts and community and technical colleges prior to April 5, 1973, and all revenue bonds of local college districts and community and technical colleges which were issued prior to said date are validated, ratified, approved, and confirmed.
L. 75: Entire article added, p. 785, § 1, effective July 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 72 - [Repealed] AFFILIATED JUNIOR COLLEGE DISTRICTS (§ 23-72-101) › Section 23-72-101 - to 23-72-128 - [Repealed]

(1) This article was added in 1988.
(2) Section 23-72-128 provided for the repeal of this article, effective July 1, 2009. (See L. 2000, p. 1860.)
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL CENTERS AND LOCAL DISTRICT COLLEGES (§§ 23-70-101 — 23-73-101) › Article 73 - [Repealed] (§ 23-73-101) › Section 23-73-101 - to 23-73-106 - [Repealed]

L. 2007: Entire article repealed, p. 58, § 1, effective August 3.
This article was added in 2000.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 74 - [Repealed] SOUTHERN COLORADO COUNCIL FOR EXCELLENCE IN HEALTH CAREERS EDUCATION (§ 23-74-101) › Section 23-74-101 - to 23-74-108 - [Repealed]

(1) This article was added in 2007 and was not substantially amended prior to its repeal in 2012.
(2) Section 23-74-108 provided for the repeal of this article, effective July 1, 2012. (See L. 2007, p. 874.)
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 75 - [Repealed] PILOT PROGRAM FOR INCLUSIVE HIGHER EDUCATION FOR STUDENTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES (§ 23-75-101) › Section 23-75-101 - to 23-75-106 - [Repealed]

Entire article repealed of its own according, eff. 7/1/2021.
Added by 2016 Ch. 226,§1, eff. 6/6/2016.
L. 2016: Entire article added, (SB 16-196), ch. 226, p. 861, § 1, effective June 6.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 76 - TEACHERS IN RURAL COLORADO (§§ 23-76-101 — 23-76-106) › Section 23-76-102 - Definitions

As used in this article 76, unless the context otherwise requires:
(1)
"Commission" means the Colorado commission on higher education created in section
23-1-102
.
(2)
"Educator preparation program" means an educator preparation program approved by the department of education pursuant to section
22-60.5-121
and that upon completion leads to a recommendation for licensure.
(3)
"Institution of higher education" means a public, private, or proprietary postsecondary institution authorized by the commission to offer educator preparation programs.
(4)
"Rural school or school district" means a school or school district that the department of education has determined to be rural. "Rural school or school district" includes a charter school or institute charter school that falls within the geographic range of a rural school district, as determined by the department of education.
(5)
"Special services provider" means a person, other than a teacher, principal, or administrator, who provides professional services in direct support of an instructional program. "Special services providers" includes speech language pathologists, psychologists, audiologists, occupational therapists, physical therapists, counselors, nurses, and social workers.
Amended by 2023 Ch. 334,§ 19, eff. 8/7/2023.
Amended by 2018 Ch. 233, § 2, eff. 8/8/2018.
Added by 2016 Ch. 234, § 1, eff. 6/6/2016.
L. 2016: Entire article added, (SB 16-104), ch. 234, p. 945, § 1, effective June 6. L. 2018: IP amended and (5) added, (SB 18-085), ch. 233, p. 1455, § 2, effective August 8.
2023 Ch. 334, was passed without a safety clause. See Colo. Const. art. V, § 1(3).
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 76 - TEACHERS IN RURAL COLORADO (§§ 23-76-101 — 23-76-106) › Section 23-76-103 - Rural education coordinator - request for proposals - reporting requirements

(1)
(a)
On or before July 1, 2017, the department of higher education shall establish one rural education coordinator to represent a rural region of the state. The rural education coordinator must be based in an institution of higher education. The purpose of the rural education coordinator is to:
(I)
Provide an emphasis on access to teacher preparation programs that focus on rural education;
(II)
Increase rural teacher recruitment;
(III)
Develop an educator pipeline to rural schools and school districts; and
(IV)
Provide support mechanisms for rural schools and school districts, boards of cooperative services, and alternative educator preparation providers.
(b)
On or before September 1, 2016, the department of higher education, in collaboration with the department of education, the commission, and interested representatives from the education community and rural areas of Colorado, shall develop and release a request for proposals to fund a rural education coordinator. The request for proposals must include criteria for selection, timelines, data collection requirements, and reporting requirements.
(c)
On or before January 1, 2017, the department of higher education shall select an institution of higher education to house a rural education coordinator for five years, based on available appropriations. An institution of higher education that has an existing rural education coordinator is eligible to be selected by the department of higher education for funding pursuant to this section.
(2)
The selected institution of higher education shall collect data on the work of the rural education coordinator, as required per the request for proposals, and provide a written summary report annually to the department of higher education. Prior to the completion of the five-year funding period, the department of higher education and the department of education shall evaluate the effectiveness of the funded rural education coordinator and make recommendations for continued funding.
Added by 2016 Ch. 234,§ 1, eff. 6/6/2016.
L. 2016: Entire article added, (SB 16-104), ch. 234, p. 945, § 1, effective June 6.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 76 - TEACHERS IN RURAL COLORADO (§§ 23-76-101 — 23-76-106) › Section 23-76-105 - Teacher cadet program

On or before July 1, 2017, the department of higher education shall establish teacher cadet programs in identified rural schools and school districts. Money may be provided to local school districts, charter schools, or the charter school institute, any of which may contract with a board of cooperative services, to identify and support high school students who are interested in pursuing teaching careers in rural Colorado, including early childhood education. Teacher cadet programs are encouraged to identify students, including students with disabilities, who reflect the geographic, racial, and ethnic diversity of the state. The department of higher education and the department of education shall evaluate the effectiveness of the teacher cadet program every five years.
Amended by 2019 Ch. 57,§ 1, eff. 8/2/2019.
Added by 2016 Ch. 234,§ 1, eff. 6/6/2016.
L. 2016: Entire article added, (SB 16-104), ch. 234, p. 947, § 1, effective June 6.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 76.5 - COLORADO RURAL HEALTH-CARE WORKFORCE INITIATIVE (§§ 23-76.5-101 — 23-76.5-105) › Section 23-76.5-101 - Definitions

As used in this article 76.5, unless the context otherwise requires:
(1)
"Health-care professional" means a physician, physician assistant, physical therapist, nurse, including nurse practitioner, pharmacist, dentist, professional counselor, psychologist, social worker, or marriage and family therapist who is registered, certified, or licensed pursuant to title 12 and who is subject to credentialing. "Health-care professional" also includes a public health professional who is not required to be registered, certified, or licensed pursuant to state law.
(2)
"Health-care professionals rural track" or "rural track" means a health-care professionals rural track or program established by an institution pursuant to section
23-76.5-102
.
(3)
"Initiative" means the Colorado rural health-care workforce initiative established in this article 76.5.
(4)
"Institution of higher education" or "institution" means state institutions as defined in section
23-18-102 (10)(a)
, local district colleges, and area technical colleges.
(5)
"Preceptor" means a health-care professional who is registered, certified, or licensed, as appropriate, pursuant to title 12 who assumes the responsibility of teaching, supervising, and evaluating a student seeking a degree in a health-care profession discipline as part of the student's clinical training and education in a rural or frontier county.
(6)
"Rural or frontier county" means a county in Colorado designated by the state office of rural health, known as the Colorado rural health center, as a rural or frontier county.
(7)
"Rural program office" means the office that administers the university of Colorado's school of medicine's rural program at the health sciences center campus.
Added by 2022 Ch. 298, § 2, eff. 6/1/2022.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 76.5 - COLORADO RURAL HEALTH-CARE WORKFORCE INITIATIVE (§§ 23-76.5-101 — 23-76.5-105) › Section 23-76.5-103 - Initiative administrative and education support - university of Colorado school of medicine rural program

(1)
The rural program office shall provide assistance to the institutions establishing and operating a rural track. The rural program office shall:
(a)
Provide guidance to an institution regarding recruiting and admitting students committed to working in rural areas;
(b)
Assist an institution with identifying rural or frontier counties in which students may accomplish their clinical training and establishing relationships between students and health-care professionals in rural or frontier counties who can serve as preceptors;
(c)
Facilitate, arrange, or advise an institution about arranging housing for students receiving clinical instruction and training in a rural or frontier county;
(d)
Develop, in collaboration with institutions that operate a rural track, didactic curriculum related to practicing in rural or frontier counties and provide the curriculum without charge to each institution that operates a rural track; and
(e)
Provide any other technical or administrative assistance that may benefit an institution that is establishing or operating a rural track.
(2)
(a)
The rural program office shall develop metrics to evaluate the effectiveness of the initiative and rural tracks, annually evaluate the initiative and rural tracks, and create the report described in section
23-76.5-104
.
(b)
The rural program office may collaborate with the Colorado area health education centers, the department of public health and environment, a statewide organization of hospitals, and the Colorado rural health center to assess unmet rural community health-care priority needs, collect data to support the assessment, and make recommendations to the general assembly for funding to support adding more schools, programs, and health-care professionals to meet that need. The rural program office may include the recommendations in its annual report.
Added by 2022 Ch. 298, § 2, eff. 6/1/2022.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 76.5 - COLORADO RURAL HEALTH-CARE WORKFORCE INITIATIVE (§§ 23-76.5-101 — 23-76.5-105) › Section 23-76.5-104 - Initiative reporting

(1)
On or before November 1, 2023, and on or before November 1 each year thereafter, the rural program office shall submit a report to the house of representatives education committee and the senate education committee, or their successor committees, concerning the initiative. The report must include:
(a)
Information about each institution's health-care professionals rural tracks, the number of students enrolled in each rural track, the number of students who have completed each rural track and are practicing in a rural or frontier county, and any other relevant data and information about the initiative;
(b)
The rural program office's analysis of the effectiveness of the initiative and rural tracks; and
(c)
The allocation formula developed pursuant to section 23-76.5-105 (2)(c).
(2)
The report may include recommendations for legislative changes to the initiative, including recommendations for expanding the initiative.
Amended by 2024 Ch. 457,§ 1, eff. 6/6/2024.
Added by 2022 Ch. 298, § 2, eff. 6/1/2022.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 77 - COLORADO STUDENT LEADERS INSTITUTE PILOT PROGRAM (§ 23-77-101) › Section 23-77-101 - to 23-77-106 - [Repealed]

Repealed by 2023 Ch. 117,§ 2, eff. 7/1/2023.
Renumbered as C.R.S. §
22-106-101
to
22-106-105
by 2023 Ch. 117,§ 1, eff. 7/1/2023.
Renumbered from 24-44.3-101 to 24-44.3-106 and amended by 2017 Ch. 54, § 1, eff. 3/20/2017.
Added by 2015 Ch. 338, § 1, eff. 6/6/2015.
L. 2017: Entire article added with relocations, (SB 17-060), ch. 54, p. 167, § 1, effective March 20.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 78 - TEACHER PREPARATION PROGRAMS (§§ 23-78-101 — 23-78-307) › Part 1 - GENERAL PROVISIONS (§§ 23-78-101 — 23-78-105) › Section 23-78-101 - Short title

The short title of this article 78 is the "Growing Great Teachers Act".
Added by 2019 Ch. 153,§ 1, eff. 5/10/2019.
L. 2019: Entire article added with relocations, (SB 19-190), ch. 1806, p. 1806, § 1, effective May 10.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 78 - TEACHER PREPARATION PROGRAMS (§§ 23-78-101 — 23-78-307) › Part 1 - GENERAL PROVISIONS (§§ 23-78-101 — 23-78-105) › Section 23-78-103 - Definitions

As used in this part 1, unless the context otherwise requires:
(1)
"Alternative teacher program" has the same meaning as provided in section
22-60.5-102
.
(2)
"Approved educator preparation program" means an educator preparation program for teachers that the department of education has reviewed pursuant to section
22-60.5-121
and determined meets the minimum standards set forth in section
22-60.5-121 (2) and (3)
and the requirements of section
23-1-108
.
(3)
"Clinical practice" means practical, field-based experience that a teacher candidate gains through working in a classroom under the direct supervision of a mentor teacher.
(4)
"Commission" means the Colorado commission on higher education established in section
23-1-102
.
(5)
"Educator preparation program" or "program" means an alternative teacher program or an approved educator preparation program.
(6)
"Institution of higher education" or "institution" means a public, private, or proprietary postsecondary institution authorized by the commission on higher education to offer educator preparation programs.
(7)
"Local education provider" means a school district organized pursuant to article
30
of title
22
; a board of cooperative services, created pursuant to article
5
of title
22
, that operates a public school; or a charter school that is authorized by a school district pursuant to part 1 of article
30.5
of title
22
or by the state charter school institute pursuant to part 5 of article
30.5
of title
22
.
(8)
"Master certificate" means the certificate issued by the department of education pursuant to section
22-60.5-202
and the implementing rules of the state board of education, which recognizes professional teacher licensees who are involved in ongoing professional development and training and who have advanced competencies or expertise or who have demonstrated outstanding achievements.
(9)
"National-board certified" means that a teacher holds a certification from the national board for professional teaching standards.
(9.5)
"Novice teacher" means a teacher who has fewer than three years of teaching experience.
(10)
"State board" means the state board of education created in section 1 of article IX of the state constitution.
(11)
"Teacher candidate" means a person who is enrolled in an educator preparation program for teaching.
Amended by 2024 Ch. 349,§ 3, eff. 6/3/2024.
Amended by 2023 Ch. 334,§ 20, eff. 8/7/2023.
Added by 2019 Ch. 153, § 1, eff. 5/10/2019.
L. 2019: Entire article added with relocations, (SB 19-190), ch. 1807, p. 1807, § 1, effective May 10.
2023 Ch. 334, was passed without a safety clause. See Colo. Const. art. V, § 1(3).
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 78 - TEACHER PREPARATION PROGRAMS (§§ 23-78-101 — 23-78-307) › Part 2 - [Repealed] COLLABORATIVE EDUCATOR PREPARATION GRANT PROGRAM (§ 23-78-201) › Section 23-78-201 - to 23-78-204 - [Repealed]

Entire article repealed of its own accord, eff. 7/1/2021.
Renumbered from C.R.S. §
23-1-120.9
(1) by 2019 Ch. 153,§1, eff. 5/10/2019.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 78 - TEACHER PREPARATION PROGRAMS (§§ 23-78-101 — 23-78-307) › Part 3 - TEACHING FELLOWSHIP PROGRAMS (§§ 23-78-301 — 23-78-307) › Section 23-78-301 - Short title

The short title of this part 3 is the "Rural Colorado Grow Your Own Educator Act".
Renumbered from C.R.S. §
23-3.9-201
and amended by 2019 Ch. 153,§ 1, eff. 5/10/2019.
L. 2019: Entire article added with relocations, (SB 19-190), ch. 1813, p. 1813, § 1, effective May 10.
This section is similar to former § 23-3.9-201 as it existed prior to 2019.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › EDUCATIONAL PROGRAMS (§§ 23-74-101 — 23-81-102) › Article 78 - TEACHER PREPARATION PROGRAMS (§§ 23-78-101 — 23-78-307) › Part 3 - TEACHING FELLOWSHIP PROGRAMS (§§ 23-78-301 — 23-78-307) › Section 23-78-302 - Legislative declaration

(1)
The general assembly finds that:
(a)
A shortage in the availability of teachers to fill teaching positions in rural local education providers is causing a significant hardship for rural local education providers;
(b)
The shortage is due, in part, to the high rate of turnover of teachers entering and leaving the profession. Following graduation and initial employment, a high percentage of teachers leave the profession within five years.
(c)
The shortage in some rural local education providers also arises because teachers, after teaching in the rural local education provider for a few years, choose to relocate to a more urban area or to an area with a lower cost of living;
(d)
A program through which a rural local education provider and an institution of higher education enter into an agreement to provide a teaching fellowship in the rural local education provider for selected teacher candidates in their final year of an approved educator preparation program, which leads to employment by the rural local education provider upon graduation, will help to ensure that teachers are well prepared to meet the rural local education provider's needs and expectations, have met specific competencies the rural local education provider identified as being necessary, and are acclimated into the rural local education provider upon hiring. A teacher who receives this level of specific preparation for employment with a specific employer is more likely to remain in the profession and thereby help to reduce the teacher shortage.
(e)
In selecting teacher candidates to participate in a teaching fellowship program, a rural local education provider and an institution of higher education should give preference to applicants who resided within the area surrounding the rural local education provider before attending a higher education institution and are seeking the opportunity to return to the local education provider as a teacher.
Renumbered from C.R.S. §
23-3.9-202
by 2019 Ch. 153,§ 1, eff. 5/10/2019.
L. 2019: Entire article added with relocations, (SB 19-190), ch. 1813, p. 1813, § 1, effective May 10.
This section is similar to former § 23-3.9-202 as it existed prior to 2019.