Legal Opinion
No.
Colorado Attorney General Reports
Decided April 13, 1993Published
1Opinion of the Court
QUESTION PRESENTED AND CONCLUSION
May the State Treasurer invest HUTF moneys in non-interest bearing general revenue fund warrants?
No.
BACKGROUND
I. State Treasurer
All funds received by or accruing to the State of Colorado are transmitted to the custody of the State Treasurer. Section24-36-103, C.R.S. (1988). The Treasurer is responsible, subject to legislative direction, for the safekeeping and management of such funds. Colo. Const. art. X, § 12. The General Assembly has generally directed the Treasurer to deposit all state funds in banks doing business in Colorado, § 24-36-104, C.R.S. (1988),…
2Cases cited12 opinions
- Colorado Ass'n of Public Employees v. LammSupreme Court of Colorado · 1984
- Brazos River Conservation & Reclamation District v. McCrawTexas Supreme Court · 1936
- Johnson v. McDonaldSupreme Court of Colorado · 1935
- State Highway Commission of Missouri v. SpainhowerSupreme Court of Missouri · 1973
- Pensioners Protective Ass'n v. DavisSupreme Court of Colorado · 1944
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