Colorado § 24-51-1504 - Investments.
Full text of Colorado Colorado Revised Statutes § 24-51-1504 — Investments., with citation guidance and answers to common questions.
§ 24-51-1504. Investments.
(1) The plan shall allow a member of the defined contribution plan to exercise control of the investment of the member's account under the plan, subject to the following provisions:
(a) The board shall select at least five investment alternatives that allow a member a meaningful choice between risk and return in the investment of the member's account.
(b) The plan shall allow the member to change investments regularly.
(c) The plan shall provide the member with the information describing the investment alternatives, including information on the nature, investment performance, fees, and expenses of the investment alternatives.
(2) The association and employers shall not have the responsibility to pay for any financial losses experienced by members of the defined contribution plan.
Source: L. 2004: Entire part added, p. 1948, § 23, effective January 1, 2006.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 24-51-1504
What does Colorado Revised Statutes § 24-51-1504 cover?
Section 24-51-1504 ("Investments.") 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 § 24-51-1504?
A common citation format is "Colorado Revised Statutes § 24-51-1504" (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 § 24-51-1504 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.