Colorado § 12-170-111 - Fees - cash fund - created.
Full text of Colorado Colorado Revised Statutes § 12-170-111 — Fees - cash fund - created., with citation guidance and answers to common questions.
§ 12-170-111. Fees - cash fund - created.
(1) Based upon the appropriation made and subject to the approval of the executive director of the department of regulatory agencies, the director shall establish and adjust fees that the director is authorized by law to collect so that the revenue generated from the fees approximates its direct and indirect costs; except that fees must not exceed the amount necessary to administer this article 170.
(2) The natural medicine facilitator cash fund, referred to in this section as the "fund", is created in the state treasury. The fund consists of fees credited to the fund pursuant to this article 170 and any other money that the general assembly may appropriate or transfer to the fund.
(3) The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the fund.
(4) Money in the fund is continuously appropriated to the department for the administration of this article 170.
Source: Initiated 2022: Entire article added, Proposition 122, L. 2023, p. 3604, effective upon proclamation of the Governor, December 27, 2022. L. 2023: Entire section R&RE, (SB 23-290), ch. 249, p. 1386, § 10, effective July 1.
Editor's note: (1) This section is similar to former § 12-170-106 as it existed prior to 2023.
(2) Several provisions of this section were relocated to §§ 12-170-113 (1)(c), 18-18-434 (2), (5)(c), and (8), and 44-50-104 (4) in 2023.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 12-170-111
What does Colorado Revised Statutes § 12-170-111 cover?
Section 12-170-111 ("Fees - cash fund - created.") 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 § 12-170-111?
A common citation format is "Colorado Revised Statutes § 12-170-111" (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 § 12-170-111 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.