Colorado § 2-3-110 - Reimbursement of state auditor for certain audits - disclosure.
Full text of Colorado Colorado Revised Statutes § 2-3-110 — Reimbursement of state auditor for certain audits - disclosure., with citation guidance and answers to common questions.
§ 2-3-110. Reimbursement of state auditor for certain audits - disclosure.
(1) When the state auditor is required by law or the state constitution to audit or cause to be audited a state department, institution, or agency or other governmental or organizational entity for self-supporting or nonappropriated activities, including but not limited to enterprises as defined in section 20 (2)(d) of article X of the state constitution, associated students' accounts, auxiliary enterprise funds, nonprofit corporations, trust funds, contracts with the federal government, federal grants-in-aid, or federal assistance programs, moneys from the state general fund shall not be used to pay for the cost of the audit, and the state auditor shall be reimbursed for the audit services by the entity for which the audit is in whole or in part performed.
(2) The reimbursement amount from such entity shall be a pro rata share of the total state auditor's cost, based upon a time-spent factor, if the total audit of the entity includes the audit of state-appropriated funds. If state-appropriated funds are not involved in such audits, the reimbursement shall be not less than the average hourly cost of the operations of the state auditor's office nor more than the average rate attainable from certified public accounting firms performing similar services for this state. Reimbursement charges may be negotiated with the state auditor's office within the above limitations.
(3) The state auditor shall disclose the amount of fully reimbursed audit services in the annual financial statements of the legislative department.
Source: L. 71: p. 111, § 1. C.R.S. 1963: § 3-21-11. L. 2005: (1) amended and (3) added, p. 1516, § 2, effective May 5.
Cross references: For the state auditor's duties, see § 49 of art. V, Colo. Const.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 2-3-110
What does Colorado Revised Statutes § 2-3-110 cover?
Section 2-3-110 ("Reimbursement of state auditor for certain audits - disclosure.") 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 § 2-3-110?
A common citation format is "Colorado Revised Statutes § 2-3-110" (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 § 2-3-110 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.