Colorado § 24-54-112 - Investments.
Full text of Colorado Colorado Revised Statutes § 24-54-112 — Investments., with citation guidance and answers to common questions.
§ 24-54-112. Investments.
(1) The retirement board shall have complete control and authority to invest the funds of the plan.
(2) and (3) (Deleted by amendment, L. 2000, p. 752, § 1, effective August 2, 2000.)
(4) Funds of the plan shall be managed and invested by the retirement board of such plan in accordance with the prudent investor rule and the other standards and provisions for trustees set forth in the "Colorado Uniform Prudent Investor Act", article 1.1 of title 15, C.R.S.
(5) The limitations specified in subsection (4) of this section shall not apply to investments self-directed by participants in the plan.
Source: L. 97: Entire section added, p. 154, § 3, effective March 28. L. 2000: Entire section amended, p. 752, § 1, effective August 2.
Frequently Asked Questions About Colorado § 24-54-112
What does Colorado Revised Statutes § 24-54-112 cover?
Section 24-54-112 ("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 § 24-54-112?
A common citation format is "Colorado Revised Statutes § 24-54-112" (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 § 24-54-112 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.