Colorado § 24-51-211 - Amortization of liabilities.
Full text of Colorado Colorado Revised Statutes § 24-51-211 — Amortization of liabilities., with citation guidance and answers to common questions.
§ 24-51-211. Amortization of liabilities.
(1) An amortization period for each of the state division, school division, local government division, judicial division, and Denver public schools division trust funds shall be calculated separately. A maximum amortization period of thirty years shall be deemed actuarially sound. Upon recommendation of the board, and with the advice of the actuary, the employer or member contribution rates for the plan may be adjusted by the general assembly when indicated by actuarial experience.
(2) On or before November 1, 2009, the board shall submit specific, comprehensive recommendations to the general assembly regarding possible methods to respond to the decrease in the value of the association's assets, including real estate, private equity, and other investments, to decrease the amortization period of each division of the association, and to ensure that each division of the association will become and remain fully funded.
Source: L. 87: Entire article R&RE, p. 1051, § 1, effective July 1. L. 97: Entire section amended, p. 63, § 2, effective July 1; entire section amended, p. 772, § 8, effective July 1. L. 2004: Entire section amended, p. 1940, § 7, effective January 1, 2006. L. 2006: Entire section amended, p. 1176, § 4, effective May 25. L. 2009: Entire section amended, (SB 09-282), ch. 288, p. 1336, § 10, effective January 1, 2010.
Editor's note: (1) This section is similar to former §§ 24-51-105 and 24-51-206 as they existed prior to 1987. For a detailed comparison, see the comparative tables located in the back of the index.
(2) Amendments to this section by House Bill 97-1082 and House Bill 97-1114 were harmonized.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 24-51-211
What does Colorado Revised Statutes § 24-51-211 cover?
Section 24-51-211 ("Amortization of liabilities.") 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 § 24-51-211?
A common citation format is "Colorado Revised Statutes § 24-51-211" (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 § 24-51-211 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.