Legal Opinion
No.
Colorado Attorney General Reports
Decided January 11, 1999Published
1Opinion of the Court
QUESTION PRESENTED AND CONCLUSION
Issue: Does the GOCO Board, or does the Treasurer, have the authority to choose the specific investments of unused moneys within the GOCO Trust Fund?
Conclusion: It is the Treasurer who alone has the authority to choose the specific investments of unused moneys, but in exercising his authority, the Treasurer may not infringe upon the Board's authority to expend available moneys within the GOCO Trust Fund.
BACKGROUND
On November 3, 1992, the People of the State of Colorado approved an initiated amendment to the State Constitution, adding Article XXVII, to create…
2Cases cited7 opinions
- Bickel v. City of BoulderSupreme Court of Colorado · 1994
- Lunsford v. Western States Life InsuranceSupreme Court of Colorado · 1995
- In Re Interrogatories Relating to the Great Outdoors Colorado Trust FundSupreme Court of Colorado · 1996
- Submission of Interrogatories on Senate Bill 93-74Supreme Court of Colorado · 1993
- Havens v. Board of County CommissionersSupreme Court of Colorado · 1996
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