Colorado § 17-24-121 - Venture agreements.

Full text of Colorado Colorado Revised Statutes § 17-24-121 — Venture agreements., with citation guidance and answers to common questions.

§ 17-24-121. Venture agreements.

(1) The department of corrections, working through the division, is authorized to enter into agreements with private persons for the utilization of inmate labor in the manufacture, processing, or assembly of components, finished goods, services, or product lines within facilities owned or leased by the department. Such agreements shall be subject to the prior review of the attorney general and the correctional industries advisory committee.

(2) The department is authorized to enter into agreements subject to state fiscal rules and the prior review of the attorney general which allow for shared financing by the division and the private contractor for the facility, equipment, raw materials, and operation of industries developed pursuant to the provisions of this section.

(3) Inmates producing goods and services under the terms of an agreement authorized by this section shall be paid on a scale to be determined by the executive director of the department in the best interests of the division.

(4) The division is authorized to market goods and services produced under a venture agreement to any office, department, institution, or agency supported in whole or in part by the state or any political subdivision thereof or to any other state, the federal government, any nonprofit organization, any private sector retailer, or the general public.

(5) The wages of an inmate working under an agreement entered into pursuant to this section with a private person shall be distributed under guidelines established by the executive director in order to offset the cost of imprisonment and incidental expenses, pay court-ordered restitution, make voluntary payments to the victims assistance and law enforcement fund established in section 24-33.5-506, C.R.S., pay the pro rata share of child support cost as established by the department of human services, and establish a savings account to assist the inmate upon release and to offset state costs at the time of release.

Source: L. 87: Entire section added, p. 664, § 4, effective July 1. L. 94: (5) amended, p. 1813, § 6, effective June 1. L. 95: Entire section RC&RE, p. 875, § 9, effective May 24. L. 96: (5) amended, p. 1149, § 10, effective June 1.

Editor's note: Prior to this section being recreated and reenacted in 1995, former subsection (6) provided for the repeal of this section, effective June 30, 1994. (See L. 87, p. 664.)

Source: official Colorado text · Last verified 2026-08-27

Frequently Asked Questions About Colorado § 17-24-121

What does Colorado Revised Statutes § 17-24-121 cover?

Section 17-24-121 ("Venture agreements.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Colorado § 17-24-121?

A common citation format is "Colorado Revised Statutes § 17-24-121" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Colorado law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.

How does Colorado § 17-24-121 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.