Colorado § 40-9.5-116 - Investment in public-private transportation facilities.
Full text of Colorado Colorado Revised Statutes § 40-9.5-116 — Investment in public-private transportation facilities., with citation guidance and answers to common questions.
§ 40-9.5-116. Investment in public-private transportation facilities.
(1) Notwithstanding any provision of law to the contrary, the board of directors of a cooperative electric association may consider investing in one or more of the following:
(a) Any public-private initiative with the department of transportation, as defined in section 43-1-1201 (3), C.R.S.;
(b) Bonds issued for turnpikes in accordance with part 2 of article 3 of title 43, C.R.S.;
(c) Repealed.
(d) Any other public-private initiative program for transportation system projects in Colorado authorized by law.
(2) The board of directors of a cooperative electric association may give preference to the investments described in subsection (1) of this section if such investments are in the interest of the cooperative electric association's members and are consistent with sound investment policy.
Source: L. 98: Entire section added, p. 446, § 8, effective August 5. L. 2005: (1)(c) repealed, p. 289, § 41, effective August 8.
Cross references: For the legislative declaration contained in the 1998 act enacting this section, see section 1 of chapter 154, Session Laws of Colorado 1998.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 40-9.5-116
What does Colorado Revised Statutes § 40-9.5-116 cover?
Section 40-9.5-116 ("Investment in public-private transportation facilities.") 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 § 40-9.5-116?
A common citation format is "Colorado Revised Statutes § 40-9.5-116" (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 § 40-9.5-116 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.