Colorado § 23-21-502 - Definitions.
Full text of Colorado Colorado Revised Statutes § 23-21-502 — Definitions., with citation guidance and answers to common questions.
§ 23-21-502. Definitions.
As used in this part 5 and part 6 of this article, unless the context otherwise requires:
(1) "Authority" means the political subdivision and body corporate called the university of Colorado hospital authority created by this part 5.
(2) "Board of directors" means the board of directors of the authority.
(3) "Health sciences schools" means the schools of medicine, dentistry, nursing, pharmacy, and any other schools operated by the regents of the university of Colorado at the university health sciences center.
(4) "Hospital assets" means all property or rights in property, real and personal, tangible and intangible existing on the transfer date under this part 5, used by or accruing to university hospital in the normal course of its operations as a teaching, research, and medical treatment facility.
(5) "Hospital liabilities" means all debts or other obligations, contingent or certain, owing on the transfer date under this part 5 to any person or other entity arising out of the operation of university hospital as a medical treatment facility, and including, without limitation, all debts for the purchase of goods and services, whether or not delivered, and obligations for the delivery of services, whether or not performed.
(6) "Part 4 corporation" means the nonprofit-nonstock corporation created on July 24, 1989, to operate university hospital.
(7) "PERA" means the public employees' retirement association created in part 2 of article 51 of title 24, C.R.S.
(8) "Regents" means the board of regents of the university of Colorado.
(9) "State employee" means a person employed by the state whether or not a classified employee in the state personnel system.
(10) "Transfer date under this part 5" or "authority's transfer date" means a date agreed to by the regents and the authority for the transfer of hospital assets to and the assumption of hospital liabilities by such authority.
(11) "University hospital" means the hospital and clinics created and operated by the regents of the university of Colorado under section 5 of article VIII of the Colorado constitution.
Source: L. 91: Entire part added, p. 557, § 2, effective June 1.
Frequently Asked Questions About Colorado § 23-21-502
What does Colorado Revised Statutes § 23-21-502 cover?
Section 23-21-502 ("Definitions.") 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 § 23-21-502?
A common citation format is "Colorado Revised Statutes § 23-21-502" (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 § 23-21-502 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.