Colorado § 43-1-1309 - State rail bank fund - creation.
Full text of Colorado Colorado Revised Statutes § 43-1-1309 — State rail bank fund - creation., with citation guidance and answers to common questions.
§ 43-1-1309. State rail bank fund - creation.
(1) There is hereby created the state rail bank fund to which shall be allocated such revenues as the general assembly may from time to time determine. Moneys in the state rail bank fund may be used for the acquisition, maintenance, improvement, or disposal of rail lines or railroad rights-of-way or any other purpose necessary to carry out the implementation of this part 13. All unappropriated balances in the fund at the end of any fiscal year shall remain therein and shall not revert to the general fund.
(2) Notwithstanding any provision of subsection (1) of this section to the contrary, on March 27, 2002, the state treasurer shall deduct five hundred thousand dollars from the state rail bank fund and transfer such sum to the general fund.
(3) Notwithstanding any provision of subsection (1) of this section to the contrary, on April 20, 2009, the state treasurer shall deduct one million five hundred forty-three thousand nine hundred thirty-seven dollars from the state rail bank fund and transfer such sum to the general fund.
(4) Notwithstanding any provision of subsection (1) of this section to the contrary, the state treasurer shall transfer to the general fund any unexpended and unencumbered moneys remaining in the state rail bank fund as of June 30, 2012.
Source: L. 97: Entire part added, p. 1623, § 2, effective June 4. L. 2002: Entire section amended, p. 160, § 22, effective March 27. L. 2009: (3) added, (SB 09-208), ch. 149, p. 628, § 36, effective April 20. L. 2012: (4) added, (HB 12-1343), ch. 157, p. 558, § 1, effective May 3.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 43-1-1309
What does Colorado Revised Statutes § 43-1-1309 cover?
Section 43-1-1309 ("State rail bank fund - creation.") 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 § 43-1-1309?
A common citation format is "Colorado Revised Statutes § 43-1-1309" (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 § 43-1-1309 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.