Colorado § 22-9.5-104 - Principal development scholarship fund - created.

Full text of Colorado Colorado Revised Statutes § 22-9.5-104 — Principal development scholarship fund - created., with citation guidance and answers to common questions.

§ 22-9.5-104. Principal development scholarship fund - created.

(1) There is hereby created in the state treasury the principal development scholarship fund, referred to in this section as the "fund", that shall consist of any moneys that may be credited to the fund pursuant to subsection (2) of this section. The moneys in the fund shall be subject to annual appropriation by the general assembly for the direct and indirect costs associated with the implementation of this article. Any moneys in the fund not expended for the purpose of this article may be invested by the state treasurer as provided by law. All interest and income derived from the investment and deposit of moneys in the fund shall be credited to the fund. Any unexpended and unencumbered moneys remaining in the fund at the end of a fiscal year shall remain in the fund and shall not be credited or transferred to the general fund or another fund.

(2) The department is authorized to accept gifts, grants, or donations from any public or private entity to carry out the purposes of this article, subject to the terms and conditions under which given; except that the department shall not accept a gift, grant, or donation if the conditions attached thereto require the use or expenditure thereof in a manner contrary to law. The department shall transmit to the state treasurer any gifts, grants, or donations received pursuant to this subsection (2), and the state treasurer shall credit the same to the fund.

(3) The department may expend up to one percent of the moneys annually appropriated from the fund to offset the costs incurred in implementing this article.

Source: L. 2006: Entire article added, p. 1244, § 8, effective May 26.

22-9.7 ARTICLE 9.7

Early Childhood Educator Development Scholarship Program

22-9.7-100.3. Definitions.

22-9.7-101. Early childhood educator development scholarship program - creation - eligibility.

22-9.7-102. Scholarship program - rules - criteria for awards.

22-9.7-103. Early childhood educator development scholarship fund - created.

22-9.7-104. Repeal of article.

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

Frequently Asked Questions About Colorado § 22-9.5-104

What does Colorado Revised Statutes § 22-9.5-104 cover?

Section 22-9.5-104 ("Principal development scholarship 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 § 22-9.5-104?

A common citation format is "Colorado Revised Statutes § 22-9.5-104" (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 § 22-9.5-104 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.