Colorado § 23-15-102 - Legislative declaration.
Full text of Colorado Colorado Revised Statutes § 23-15-102 — Legislative declaration., with citation guidance and answers to common questions.
§ 23-15-102. Legislative declaration.
(1) The general assembly hereby finds and declares that:
(a) It is the intent of the general assembly to create the Colorado educational and cultural facilities authority to lend money to educational institutions and cultural institutions; to authorize the authority to acquire, construct, reconstruct, repair, alter, improve, extend, own, lease, and dispose of properties to the end that the authority may be able to promote the welfare of the people of this state; to authorize the authority to administer the Colorado education savings program; to permit the bonds or certificates of participation of the authority and the bonds or certificates of participation of other issuers to be designated as Colorado education savings bonds or certificates; and to vest such authority with powers to enable such authority to accomplish such purposes;
(b) It is important that educational facilities and cultural facilities are made readily available by networks and organizations of educational institutions and cultural institutions regardless of whether such networks and organizations are located within the state of Colorado or have facilities located within or outside the state of Colorado; and
(c) It is a benefit to the people of the state of Colorado to serve multistate educational institutions and cultural institutions since education-related and cultural-related employment opportunities in this state will be created as a result thereof.
(2) This article shall be liberally construed to accomplish the intentions expressed in this section.
Source: L. 81: Entire article added, p. 1096, § 1, effective July 1. L. 88: (1) amended, p. 849, § 1, effective April 20. L. 89: (1) amended, p. 986, § 1, effective April 8; (1) amended, p. 982, § 1, effective April 12. L. 98: (1) amended, p. 601, § 1, effective May 4. L. 2000: (1) amended, p. 403, § 1, effective April 13. L. 2024: (1)(a) amended, (HB 24-1295), ch. 268, p. 1751, § 1, effective May 28.
Editor's note: Amendments to subsection (1) in Senate Bill 89-206 and House Bill 89-1049 were harmonized.
Frequently Asked Questions About Colorado § 23-15-102
What does Colorado Revised Statutes § 23-15-102 cover?
Section 23-15-102 ("Legislative declaration.") 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 § 23-15-102?
A common citation format is "Colorado Revised Statutes § 23-15-102" (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 § 23-15-102 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.