Colorado § 24-115-103 - Definitions.
Full text of Colorado Colorado Revised Statutes § 24-115-103 — Definitions., with citation guidance and answers to common questions.
§ 24-115-103. Definitions.
As used in this article, unless the context otherwise requires:
(1) "Board" means the board of directors of the critical needs financing corporation.
(2) "Commission" means the transportation commission created in section 43-1-106 (1), C.R.S.
(3) "Corporation" means the critical needs financing corporation created in section 24-115-104 (1).
(4) "Department" means the department of transportation created in section 43-1-103 (1), C.R.S.
(5) "Excess state revenues" means revenues collected by the state during any state fiscal year in excess of the limitation on state fiscal year spending calculated pursuant to section 20 (7)(a) of article X of the state constitution and article 77 of this title.
(6) "Executive director" means the executive director of the department.
(7) "Issuing authority" means the department with respect to notes issued to finance transportation projects and the corporation with respect to notes issued for any other purpose.
(8) "Notes" means voter-approved critical needs notes authorized to be issued in accordance with section 24-115-110 (1).
(9) "Transportation projects" means projects identified and approved as strategic transportation projects included in the strategic transportation project investment program of the department by resolution of the commission, which resolution may be amended by further resolution.
Source: L. 2005: Entire article added, p. 746, § 1, effective June 1.
Frequently Asked Questions About Colorado § 24-115-103
What does Colorado Revised Statutes § 24-115-103 cover?
Section 24-115-103 ("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 § 24-115-103?
A common citation format is "Colorado Revised Statutes § 24-115-103" (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 § 24-115-103 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.