Colorado § 29-1-803 - Deposit of land development charge.
Full text of Colorado Colorado Revised Statutes § 29-1-803 — Deposit of land development charge., with citation guidance and answers to common questions.
§ 29-1-803. Deposit of land development charge.
(1) All moneys from land development charges collected, including any such moneys collected but not expended prior to January 1, 1991, shall be deposited or, if collected for another local government, transmitted for deposit, in an interest-bearing account which clearly identifies the category, account, or fund of capital expenditure for which such charge was imposed. Each such category, account, or fund shall be accounted for separately. The determination as to whether the accounting requirement shall be by category, account, or fund and by aggregate or individual land development shall be within the discretion of the local government. Any interest or other income earned on moneys deposited in said interest-bearing account shall be credited to the account. At least once annually, the local government shall publish on its official website, if any, in a clear, concise, and user-friendly format information detailing the allocation by dollar amount of each land development charge collected to an account or among accounts, the average annual interest rate on each account, and the total amount disbursed from each account, during the local government's most recent fiscal year.
(2) (Deleted by amendment, L. 2011, (HB 11-1113), ch. 23, p. 58, § 1, effective December 31, 2011.)
Source: L. 90: Entire part added, p. 1439, § 1, effective January 1, 1991. L. 2011: Entire section amended, (HB 11-1113), ch. 23, p. 58, § 1, effective December 31.
ANNOTATION
This section contains no substantive authority for the imposition of fees, but rather the accounting and reporting requirements for local governments that receive a fee. County Comm'rs of Douglas County v. Bainbridge, 929 P.2d 691 (Colo. 1996).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 29-1-803
What does Colorado Revised Statutes § 29-1-803 cover?
Section 29-1-803 ("Deposit of land development charge.") 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 § 29-1-803?
A common citation format is "Colorado Revised Statutes § 29-1-803" (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 § 29-1-803 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.