reglab/statecodes huggingface dataset:
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 4 - [Repealed] (§ 23-21-401) › Section 23-21-401 - to 23-21-411 - [Repealed]

L. 91: Entire part repealed, p. 589, § 14, effective October 1.
(1) This part 4 was enacted in House Bill 89-1143, enacted by the General Assembly at its first regular session in 1989, authorizing the operation of the university of Colorado university hospital by a nonprofit-nonstock corporation. The Colorado Supreme Court subsequently declared House Bill 89-1143 unconstitutional in its entirety. See Colorado Association of Public Employees v. Board of Regents, 804 P.2d 138 (Colo. 1990). Senate Bill 91-225, enacted by the General Assembly at its first regular session in 1991, authorized the operation of university hospital by a newly created university of Colorado hospital authority. Since the previous act was declared unconstitutional in its entirety, the General Assembly elected to repeal this part 4 in Senate Bill 91-225. For further explanation of the circumstances surrounding the enactment of Senate Bill 91-225, see the legislative declaration contained in section 1 of chapter 99, Session Laws of Colorado 1991.
(2) This part 4 was added in 1989.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-501 - [Effective until 7/1/2025] Legislative declaration

(1)
The general assembly hereby finds and declares that:
(a)
The mission of the university of Colorado university hospital is to facilitate and support the education, research, and public service activities of the health sciences schools operated by the regents of the university of Colorado and to provide patient care, including care for the medically indigent, and specialized services not widely available elsewhere in the state and region;
(b)
In order to provide for the education and training of health-care professionals, to provide a clinical setting for biomedical research, to ensure the availability of quality patient care including specialized medical services not otherwise widely available, and to provide for the care and treatment of the medically indigent, it is necessary that the university of Colorado university hospital be a facility of the finest possible quality;
(c)
The present university of Colorado university hospital is unable to become and remain economically viable due to constraints imposed by being subject to various kinds of government policy and regulation;
(d)
Unless the university of Colorado university hospital can become and remain economically viable, it will become ever more dependent upon state subsidies, and the quality of medical service and education will inevitably decline;
(e)
The needs of the citizens of the state of Colorado and of the university of Colorado health sciences schools will be best served if the university of Colorado university hospital is operated by a quasi-governmental and corporate entity charged with the mission of operating a teaching hospital for the benefit of the health sciences schools and providing care for the medically indigent;
(f)
Subject to the provisions of section
25.5-3-102 (2)
, C.R.S., the authority to be created pursuant to this part 5 to operate the university of Colorado university hospital by receiving its assets and operating obligations shall continue to subsidize the costs of delivering medically indigent care in excess of the state reimbursement for the medically indigent. Consistent with the university of Colorado university hospital's past policy and performance, the authority will make every reasonable effort to continue the hospital's historic commitment to the provision of uncompensated care and shall allocate and invest its resources with a view to maximizing the hospital's long-term ability to provide uncompensated care.
L. 91: Entire part added, p. 556, § 2, effective June 1. L. 2006: (1)(f) amended, p. 2006, § 66, effective July 1.
This section is set out more than once due to postponed, multiple, or conflicting amendments.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-501 - [Effective 7/1/2025] Legislative declaration

(1)
The general assembly hereby finds and declares that:
(a)
The mission of the university of Colorado university hospital is to facilitate and support the education, research, and public service activities of the health sciences schools operated by the regents of the university of Colorado and to provide patient care, including care for the medically indigent, and specialized services not widely available elsewhere in the state and region;
(b)
In order to provide for the education and training of health-care professionals, to provide a clinical setting for biomedical research, to ensure the availability of quality patient care including specialized medical services not otherwise widely available, and to provide for the care and treatment of the medically indigent, it is necessary that the university of Colorado university hospital be a facility of the finest possible quality;
(c)
The present university of Colorado university hospital is unable to become and remain economically viable due to constraints imposed by being subject to various kinds of government policy and regulation;
(d)
Unless the university of Colorado university hospital can become and remain economically viable, it will become ever more dependent upon state subsidies, and the quality of medical service and education will inevitably decline;
(e)
The needs of the citizens of the state of Colorado and of the university of Colorado health sciences schools will be best served if the university of Colorado university hospital is operated by a quasi-governmental and corporate entity charged with the mission of operating a teaching hospital for the benefit of the health sciences schools and providing care for the medically indigent;
(f)
Consistent with the university of Colorado university hospital's past policy and performance, the authority will make every reasonable effort to continue the hospital's historic commitment to the provision of uncompensated care and shall allocate and invest its resources with a view to maximizing the hospital's long-term ability to provide uncompensated care.
Amended by 2024 Ch. 76,§ 12, eff. 7/1/2025.
L. 91: Entire part added, p. 556, § 2, effective June 1. L. 2006: (1)(f) amended, p. 2006, § 66, effective July 1.
2024 Ch. 76, was passed without a safety clause. See Colo. Const. art. V, § 1(3).
This section is set out more than once due to postponed, multiple, or conflicting amendments.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-502 - Definitions

As used in this part 5 and part 6 of this article, unless the context otherwise requires:
(1)
"Authority" means the political subdivision and body corporate called the university of Colorado hospital authority created by this part 5.
(2)
"Board of directors" means the board of directors of the authority.
(3)
"Health sciences schools" means the schools of medicine, dentistry, nursing, pharmacy, and any other schools operated by the regents of the university of Colorado at the university health sciences center.
(4)
"Hospital assets" means all property or rights in property, real and personal, tangible and intangible existing on the transfer date under this part 5, used by or accruing to university hospital in the normal course of its operations as a teaching, research, and medical treatment facility.
(5)
"Hospital liabilities" means all debts or other obligations, contingent or certain, owing on the transfer date under this part 5 to any person or other entity arising out of the operation of university hospital as a medical treatment facility, and including, without limitation, all debts for the purchase of goods and services, whether or not delivered, and obligations for the delivery of services, whether or not performed.
(6)
"Part 4 corporation" means the nonprofit-nonstock corporation created on July 24, 1989, to operate university hospital.
(7)
"PERA" means the public employees' retirement association created in part 2 of article
51
of title
24
, C.R.S.
(8)
"Regents" means the board of regents of the university of Colorado.
(9)
"State employee" means a person employed by the state whether or not a classified employee in the state personnel system.
(10)
"Transfer date under this part 5" or "authority's transfer date" means a date agreed to by the regents and the authority for the transfer of hospital assets to and the assumption of hospital liabilities by such authority.
(11)
"University hospital" means the hospital and clinics created and operated by the regents of the university of Colorado under section 5 of article VIII of the Colorado constitution.
L. 91: Entire part added, p. 557, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-504 - [Effective until 7/1/2025] Mission of the authority - obligation to provide uncompensated care - action of the board of directors

(1)
The mission of the authority shall be the operation of university hospital as a state of the art teaching and research hospital providing comprehensive medical care, including tertiary care, and patient care of limited availability. The authority shall also provide space and facilities as necessary for the operation of the clinical programs of the health sciences schools at the health sciences center together with the university of Colorado psychiatric hospital, and, subject to the provisions of section
25.5-3-102 (2)
, C.R.S., the provision of medical care to those eligible for payment assistance through any program for the benefit of the medically indigent. For every three dollars of moneys appropriated by the general assembly that is distributed to the authority for the state medically indigent program, the authority shall provide four dollars worth of medically indigent care.
(2)
The board of directors shall award hospital privileges only to health-care providers who are faculty members of the health sciences schools of the university of Colorado.
(3)
The board of directors shall not transfer the authority's assets or the hospital's assets to any person or entity except the regents.
(4)
Upon the dissolution of the authority, all assets of the authority, after the satisfaction of creditors, shall revert to the regents.
(5)
The business activities of the authority, including any joint ventures, shall be primarily in furtherance or in support of the mission of the hospital as the same is specified in subsection (1) of this section.
L. 91: Entire part added, p. 560, § 2, effective June 1. L. 2006: (1) amended, p. 2006, § 67, effective July 1.
This section is set out more than once due to postponed, multiple, or conflicting amendments.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-504 - [Effective 7/1/2025] Mission of the authority - obligation to provide uncompensated care - action of the board of directors

(1)
The mission of the authority shall be the operation of university hospital as a state of the art teaching and research hospital providing comprehensive medical care, including tertiary care, and patient care of limited availability. The authority shall also provide space and facilities as necessary for the operation of the clinical programs of the health sciences schools at the health sciences center together with the university of Colorado psychiatric hospital.
(2)
The board of directors shall award hospital privileges only to health-care providers who are faculty members of the health sciences schools of the university of Colorado.
(3)
The board of directors shall not transfer the authority's assets or the hospital's assets to any person or entity except the regents.
(4)
Upon the dissolution of the authority, all assets of the authority, after the satisfaction of creditors, shall revert to the regents.
(5)
The business activities of the authority, including any joint ventures, shall be primarily in furtherance or in support of the mission of the hospital as the same is specified in subsection (1) of this section.
Amended by 2024 Ch. 76,§ 13, eff. 7/1/2025.
L. 91: Entire part added, p. 560, § 2, effective June 1. L. 2006: (1) amended, p. 2006, § 67, effective July 1.
2024 Ch. 76, was passed without a safety clause. See Colo. Const. art. V, § 1(3).
This section is set out more than once due to postponed, multiple, or conflicting amendments.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-506 - Relationship between authority and regents

(1)
Following the creation of the authority and on the transfer date under this part 5, and except for the power of the regents to appoint members of the board of directors, the regents shall have no further control over the operation of university hospital but shall be authorized to:
(a)
At such future date as the regents shall determine it to be necessary and for the purpose of preserving the certification of the university of Colorado psychiatric hospital and eligibility for federal funds thereunder, transfer some or all of the assets of the university of Colorado psychiatric hospital to the authority operating university hospital pursuant to the provisions of this article; except that the director of the university of Colorado psychiatric hospital shall at all times be a professor of psychiatry in the school of medicine of the university of Colorado. The transfer of assets of the university of Colorado psychiatric hospital shall be conditional upon the provision of retirement benefits and the protection of accrued sick leave and annual leave under sections
23-21-507
and
23-21-508
for state employees of the psychiatric hospital who become employees of the authority.
(b)
Notwithstanding the provisions of the "Procurement Code", articles 101 through 112 of title 24, C.R.S., enter into contracts with the authority for the provision of goods, services, and facilities in support of programs of the university of Colorado; except that moneys paid to either the regents or the authority under said contracts shall not exceed a reasonable estimate of actual cost of the goods, services, or facilities.
(c)
In the regents' discretion, provide the authority and its employees with medical malpractice liability coverage from any self-insurance trust fund established pursuant to section
24-10-115
, C.R.S., or any other provision of state law, or through such other fund or mechanism which may be available for the provision of such coverage by the regents to university of Colorado employees, at such cost as would be actuarially sound.
L. 91: Entire part added, p. 561, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-507 - Personnel

(1)
Any employee of university hospital who is a state employee on the transfer date under this part 5 may elect to remain a state employee or become an employee of the authority. Said employee may elect to become an employee of the authority at any time but shall not thereafter return to state employment status while employed by the authority. No state employee shall be discriminated against in training, promotion, retention, assignment of duties, granting of rights and benefits, or any other personnel action. Promotion or a change in position shall not be contingent upon the employee becoming an employee of the authority.
(2)
Any employee who elects to remain a state employee shall retain all rights and privileges of the state employment status which is applicable to such employee's position.
(3)
In the case of any dispute involving an employee who is a member of the state personnel system, university hospital and the authority shall agree to accept resolution of all disciplinary appeals or other employment disputes governed by the statutes of the state personnel system or the rules of the state personnel department according to the rules and procedures applicable to members of the state personnel system.
(4)
Any employee who elects to become an employee of the authority shall receive full credit for sick leave and annual leave accrued while employed by university hospital.
(5)
Any employee initially employed by the authority operating university hospital pursuant to this part 5 on or after the transfer date under this part 5 shall be deemed to be an employee of the authority created under this part 5 and not a state employee.
(6)
The authority is authorized to contract with the university of Colorado health sciences center through the state personnel board pursuant to section 13 (4) of article XII of the state constitution for personnel.
L. 91: Entire part added, p. 562, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-509 - Status of part 4 corporation - effect of actions taken by part 4 corporation - validation of certain actions

(1)
It is the intent of the general assembly in enacting this section to address the status of the part 4 corporation, and actions taken by such corporation on and after October 1, 1989, as said status and actions relate to the operation of university hospital by the authority. Nothing in this section shall be construed to affect any litigation concerning the part 4 corporation.
(2)
The hospital assets and hospital liabilities which existed on September 30, 1989, and which were transferred by the regents to the part 4 corporation on October 1, 1989, shall be transferred to the authority in accordance with the provisions of this part 5.
(3)
Any indebtedness or other obligations incurred by the part 4 corporation between October 1, 1989, and the transfer date under this part 5 shall be assumed by the authority on such transfer date.
(4)
Any assets acquired by the part 4 corporation between October 1, 1989, and the transfer date under this part 5 may be transferred to the authority on such transfer date.
(5)
Any contract, lease, license agreement, credit agreement, or similar business transaction entered into by the part 4 corporation between October 1, 1989, and the transfer date under this part 5 may be ratified by the authority on or after said transfer date. The ratification of any such transaction shall be in the sole discretion of the authority.
(6)
The employees of the part 4 corporation shall be subject to the provisions of part 6 of this article with respect to the employment status and pension status of such employees.
(7)
The transfer of moneys from PERA to a qualified retirement plan provided by the part 4 corporation on or after October 1, 1989, is declared to be a valid transfer. The status of the part 4 corporation's qualified retirement plan shall be as provided in section
23-21-604
.
(8)
The part 4 corporation shall cooperate with the authority in accomplishing the purposes of this section and the remaining provisions of this part 5 and in accomplishing the purposes of part 6 of this article.
L. 91: Entire part added, p. 566, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-510 - Records of board of directors

All resolutions and orders shall be recorded and authenticated by the signature of the secretary or any assistant secretary of the board of directors. Every legislative act of the board of directors of a general or permanent nature shall be by resolution. The book of resolutions, orders, other proceedings of the board of directors, minutes of the meetings, annual reports and monthly financial statements, certificates, contracts and any financial agreements, and bonds given by officers, employees, and any other agents of the authority, and any personnel reports, guidelines, manuals, handbooks, other than individual personnel files shall be a public record as defined in section
24-72-202(6)
, C.R.S., and subject to the provisions of part 2 of article
72
of title
24
, C.R.S. The account of all moneys received by and disbursed on behalf of the authority shall also be a public record. All records shall be subject to the uniform budget and audit laws and shall be subject to regular audit as provided therein; except that the audit of the authority shall be on a fiscal year that begins on July 1 and ends on June 30. Notwithstanding any provision of this section to the contrary, all writings and other records concerning the modification, initiation, or cessation of patient care programs shall not be deemed to be a public record and shall not be subject to the provisions of this section if premature disclosure of information contained in such writings or other records would give an unfair competitive or bargaining advantage to any person or entity.
L. 91: Entire part added, p. 567, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-511 - Meetings of board of directors

All meetings of the board of directors shall be subject to the provisions of section
24-6-402
, C.R.S. No business of the board of directors shall be transacted except at a regular or special meeting at which a quorum consisting of at least a majority of the total membership of the board is present. Any action of the board of directors shall require the affirmative vote of a majority of the total membership of the board.
L. 91: Entire part added, p. 567, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-512 - Disclosure of interests required

Any member of the board of directors and any employee or other agent or adviser of the authority, who has a direct or indirect interest in any contract or transaction with the authority, shall disclose this interest to the authority. This interest shall be set forth in the minutes of the authority, and no director, employee, or other agent or adviser having such interest shall participate on behalf of the authority in the authorization of any such contract or transaction; except that the provisions of this section shall not be construed to prohibit any employee of the university of Colorado who is a member of the board of directors, who has no personal interest, from voting on the authorization of any such contract or transaction between the authority and the regents.
L. 91: Entire part added, p. 567, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-515 - Remedies

Any holder of bonds issued under the provisions of this part 5, or any coupons appertaining thereto, and the trustee under any trust agreement or resolution authorizing the issuance of such bonds, except to the extent the rights under this part 5 may be restricted by such trust agreement or resolution, may, either at law or in equity by suit, action, mandamus, or other proceeding, protect and enforce any and all rights under the laws of the state or granted under this part 5 or under such agreement or resolution, or under any other contract executed by the authority pursuant to this part 5, and may enforce and compel the performance of all duties required by this part 5 or by such trust agreement or resolution to be performed by the authority or by an officer thereof.
L. 91: Entire part added, p. 574, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-516 - Negotiable instruments

Notwithstanding any of the foregoing provisions of this part 5 or any recitals in any bonds issued under the provisions of this part 5, all such bonds and interest coupons appertaining thereto shall be negotiable instruments under the laws of this state, subject only to any applicable provisions for registration.
L. 91: Entire part added, p. 574, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-517 - Bonds eligible for investment

Bonds issued under the provisions of this part 5 are hereby made securities in which all insurance companies, trust companies, banking associations, savings and loan associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Public entities, as defined in section
24-75-601(1)
, C.R.S., may invest public funds in such bonds only if said bonds satisfy the investment requirements established in part 6 of article
75
of title
24
, C.R.S. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the state for any purpose for which the deposit of bonds, notes, or obligations of the state is authorized by law.
L. 91: Entire part added, p. 574, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-518 - Refunding bonds

(1)
The board of directors may provide for the issuance of refunding obligations of the authority for the purpose of refunding any obligations then outstanding which have been issued under the provisions of this part 5, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such obligations, and for any corporate purpose of the authority.
(2)
Refunding obligations issued as provided in subsection (1) of this section may be sold or exchanged for outstanding obligations issued under this part 5, and, if sold, the proceeds thereof may be applied, in addition to any other authorized purposes, to the purchase, redemption, or payment of such outstanding obligations. Pending the application of the proceeds of any such refunding obligations, with any other available funds, to the payment of the principal, the accrued interest, and any redemption premium on the obligations being refunded and, if so provided or permitted in the resolution authorizing the issuance of such refunding obligations or in the trust agreement securing the same, to the payment of any interest on such refunding obligations and any expenses in connection with such refunding, such proceeds may be invested in securities meeting the investment requirements established in part 6 of article
75
of title
24
, C.R.S., which shall mature or which shall be subject to redemption by the holders thereof, at the option of such holders, not later than the respective dates when the proceeds, together with the interest accruing thereon, will be required for the purposes intended.
L. 91: Entire part added, p. 575, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-519 - Nonliability of state for bonds

Neither the state of Colorado nor the regents shall be liable for bonds of the authority, and such bonds shall not constitute a debt of the state or of the regents. The bonds shall contain on the face thereof a statement to such effect.
L. 91: Entire part added, p. 575, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-520 - Members of authority not personally liable on bonds

Neither the members of the board of directors nor any authorized person executing bonds issued pursuant to this part 5 shall be personally liable for such bonds by reason of the execution or issuance thereof.
L. 91: Entire part added, p. 576, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-521 - Annual report

Notwithstanding section
24-1-136(11)(a)(I)
, the authority shall submit to the governor and the joint budget committee within six months after the end of the fiscal year a report which shall set forth a complete and detailed operating and financial statement of the authority during such year. Also included in the report shall be any recommendations with reference to additional legislation or other action that may be necessary to carry out the purposes of the authority.
Amended by 2017 Ch. 253,§ 11, eff. 8/9/2017.
L. 91: Entire part added, p. 576, § 2, effective June 1. L. 99: Entire section amended, p. 852, § 12, effective May 24. L. 2017: Entire section amended, (HB 17-1251), ch. 253, p. 1060, § 11, effective August 9.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-522 - Powers of the authority - investments

(1)
The authority has the power:
(a)
To invest any funds not required for immediate disbursement in property or in securities which meet the standard for investments established in section
15-1-304
, C.R.S., provided such investment assists the authority in carrying out its public purposes; and to sell from time to time such securities thus purchased and held; and to deposit any securities in any trust bank within or without the state. Any funds deposited in a banking institution or in any depository authorized in section
24-75-603
, C.R.S., shall be secured in such manner and subject to such terms and conditions as the board may determine, with or without payment of any interest on such deposit, including, without limitation, time deposits evidenced by certificates of deposit. Any commercial bank incorporated under the laws of this state which may act as depository of any funds of the authority may issue indemnifying bonds or may pledge such securities as may be required by the board of directors.
(b)
Notwithstanding the provisions of paragraph (a) of this subsection (1), to contract with the holders of any of its notes or bonds as to the custody, collection, securing, investment, and payment of any moneys of the authority and of any moneys held in trust or otherwise for the payment of notes or bonds and to carry out such contract. Moneys held in trust or otherwise for the payment of notes or bonds or in any way to secure notes or bonds and deposits of such moneys may be secured in the same manner as moneys of the authority, and all banks and trust companies are authorized to give such security for such deposits.
L. 91: Entire part added, p. 576, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-523 - Agreement of this state

This state does hereby pledge to and agree with the holders of any notes or bonds issued under this part 5 that this state will not limit or alter the rights hereby vested in the authority to fulfill the terms of any agreements made with the said holders thereof or in any way impair the rights and remedies of such holders until such notes and bonds, together with the interest thereon, with interest on any unpaid installments 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. The authority is authorized to include this pledge and agreement of this state in any agreement with the holders of such notes or bonds.
L. 91: Entire part added, p. 577, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-524 - This part 5 not a limitation of powers

Nothing in this part 5 shall be construed as a restriction or limitation upon any other powers which the authority might otherwise have under any other law of this state, and this part 5 is cumulative to any such powers. This part 5 does and shall be construed to provide a complete, additional, and alternative method for the doing of the things authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws. However, the issuance of bonds, notes, and other obligations and refunding bonds under the provisions of this part 5 need not comply with the requirements of any other state law applicable to the issuance of bonds, notes, and other obligations. No proceedings, notice, or approval shall be required for the issuance of any bonds, notes, or other obligations or any instrument as security therefor, except as is provided in this part 5.
L. 91: Entire part added, p. 577, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-525 - Exemption from property taxation

The authority shall be exempt from any general ad valorem taxes upon any property of the authority acquired and used for its public purposes. The authority may enter into agreements to pay annual sums in lieu of taxes to any county, municipality, or other taxing entity with respect to any real property which is owned by the authority and is located in such county, municipality, or other taxing entity.
L. 91: Entire part added, p. 577, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-526 - Psychiatric hospital

The university of Colorado psychiatric hospital established under article
22
of this title shall remain the integrated psychiatric service for university hospital, and the department of public health and environment shall issue a single license for the university of Colorado psychiatric hospital and university hospital.
L. 91: Entire part added, p. 577, § 2, effective June 1. L. 94: Entire section amended, p. 2739, § 371, effective July 1.
For the legislative declaration contained in the 1994 act amending this section, see section 1 of chapter 345, Session Laws of Colorado 1994.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-527 - General assembly retains authority to enact laws governing university hospital

The general assembly expressly reserves its plenary legislative authority relating to the university of Colorado university hospital, including but not limited to the authority to enact laws relating thereto. Nothing in this part 5 or part 6 of this article or in section 11 of article II of the state constitution or in section 10 of article I of the federal constitution, relating to impairment of the obligation of contract, shall be construed to limit said legislative authority. Any contract or other obligation of the authority is expressly subject to the provisions of this section, and the parties to such contract or obligation shall not assert such contract or obligation as a bar to the general assembly's exercise of legislative authority relating to the university of Colorado university hospital.
L. 91: Entire part added, p. 578, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 5 - UNIVERSITY OF COLORADO HOSPITAL AUTHORITY (§§ 23-21-501 — 23-21-528) › Section 23-21-528 - Severability

Any provision of this part 5 declared to be unconstitutional or otherwise invalid shall not impair the remaining provisions of this part 5 or the provisions of part 6 of this article. Any provision of part 6 of this article declared to be unconstitutional or otherwise invalid shall not impair the provisions of this part 5 or the remaining provisions of said part 6.
L. 91: Entire part added, p. 578, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 6 - EMPLOYMENT STATUS AND PENSION STATUS OF EMPLOYEES OF REORGANIZED UNIVERSITY HOSPITAL (§§ 23-21-601 — 23-21-604) › Section 23-21-601 - Legislative declaration

(1)
The general assembly hereby finds and declares:
(a)
That through the passage of House Bill No. 1143 at its first regular session in 1989, the general assembly intended to authorize the reorganization of the university of Colorado university hospital by its operation through a private nonprofit-nonstock corporation;
(b)
That said hospital was reorganized and attempted to commence operations through a private nonprofit-nonstock corporation on October 1, 1989;
(c)
That the Colorado supreme court subsequently found said House Bill No. 1143 unconstitutional;
(d)
That employees of university hospital made decisions governing their state employment status and their membership in the public employees' retirement association in reliance on the provisions of said House Bill No. 1143;
(e)
That this part 6 is enacted to address certain issues affecting employees of university hospital who changed their employment status or pension status, or both, in reliance on said House Bill No. 1143 or who were initially employed by the part 4 corporation, within the context of the creation of the university of Colorado hospital authority to operate university hospital pursuant to part 5 of this article.
L. 91: Entire part added, p. 578, § 2, effective June 1.
2023 Colorado Revised Statutes › Title 23 - POSTSECONDARY EDUCATION (§§ 23-1-101 — 23-81-102) › STATE UNIVERSITIES AND COLLEGES (§§ 23-1-101 — 23-56-111) › STATE UNIVERSITIES AND COLLEGES (§§ 23-20-101 — 23-56-111) › Article 21 - UNIVERSITY OF COLORADO - UNIVERSITY HOSPITAL - CENTERS (§§ 23-21-101 — 23-21-1105) › Part 6 - EMPLOYMENT STATUS AND PENSION STATUS OF EMPLOYEES OF REORGANIZED UNIVERSITY HOSPITAL (§§ 23-21-601 — 23-21-604) › Section 23-21-602 - Personnel - election to return to state personnel system

(1)
(a)
Any employee of university hospital who was a member of the state personnel system and was employed by university hospital on September 30, 1989, and who elected to become an employee of the part 4 corporation may become an employee of the authority on the authority's transfer date or may elect to return to classified employment in the state personnel system and may reserve the right to be employed by the authority.
(b)
Any such employee of the part 4 corporation who elects to return to the state personnel system shall have restored all rights and privileges of membership in the state personnel system.
(2)
(a)
Any employee of university hospital who was a state employee but not a member of the state personnel system and was employed by university hospital on September 30, 1989, and who elected to become an employee of the part 4 corporation may become an employee of the authority on the authority's transfer date or may elect to return to state employment status and may reserve the right to be employed by the authority.
(b)
Any such employee of the part 4 corporation who elects to become a state employee not a member of the state personnel system shall have restored all rights and privileges of a state employee not a member of the state personnel system.
(3)
(a)
Any employee initially employed by the part 4 corporation on and after October 1, 1989, and continuously employed thereafter, may become an employee of the authority on the authority's transfer date or may elect to be a state employee in the state personnel system or a state employee not a member of the state personnel system, whichever is applicable to such employee's position.
(b)
Any such employee of the part 4 corporation who elects to become a state employee in the state personnel system or a state employee not a member of the state personnel system shall have all rights and privileges of the state employment status which is applicable to such employee's position.
(4)
Any election provided for in this section shall be made no later than one hundred twenty days after the authority's transfer date.
L. 91: Entire part added, p. 579, § 2, effective June 1.