§ 23-53-110. To Be State Property at Lease End
Upon the termination of a lease or contract executed under the terms of this article providing for the construction and equipment of buildings, the buildings shall become the property of the state, together with all equipment, furnishings, or appurtenances therein contained or thereto attached; except that personal goods or effects of an occupant may be […]
§ 23-53-111. Leasehold Interest May Be Sold
Nothing in this article shall prevent the transfer or sale of the leasehold interests prior to their expiration, subject to the approval of the board of trustees. Source: L. 2003: Entire article R&RE, p. 784, § 5, effective July 1. Editor’s note: This section is similar to former § 23-53-113 as it existed prior to […]
§ 23-53-112. Board of Trustees May Rent Rooms
Upon the termination of a lease or contract executed with private persons or corporations for the construction of buildings under the terms of this article, the board of trustees is empowered to rent rooms or quarters in buildings erected under leases or contracts for reasonable compensation as the board deems best in relation to current […]
§ 23-53-109. Board of Trustees May Rent Buildings
The board of trustees is authorized to lease or rent buildings constructed under the provisions of this article from the private persons or corporations constructing the buildings upon such terms as the board deems satisfactory as to current rental, maintenance, and ultimate purchase, paying therefor out of the revenues derived from the operation of the […]
§ 23-53-101. University Established – Role and Mission
There is hereby established a university at Grand Junction, to be known as Colorado Mesa university, which shall be a general baccalaureate and graduate institution with selective admission standards. Colorado Mesa university shall offer liberal arts and sciences, professional, and technical degree programs and a limited number of graduate programs. Colorado Mesa university shall also […]
§ 23-53-102. Board of Trustees – Creation – Members – Powers – Duties
There is established the board of trustees for Colorado Mesa university, referred to in this article as the “board of trustees”, which shall consist of thirteen members and shall be the governing authority for Colorado Mesa university. The board of trustees shall be, and is hereby declared to be, a body corporate and, as such […]
§ 23-53-103. Board of Trustees for the Colorado Mesa University Fund – Creation – Control – Use
There is created in the state treasury the board of trustees for Colorado Mesa university fund, referred to in this section as the “fund”, which shall be under the control of and administered by the board of trustees in accordance with the provisions of this article. The board of trustees shall have authority and responsibility […]
§ 23-53-103.3. Investments in Consolidated Funds
Unless otherwise restrained by the terms of a will, trust agreement, or other instrument of gift, the board of trustees is authorized to hold investments in one or more consolidated investment funds in which the participating trusts or accounts have undivided interests. Source: L. 2008: Entire section added, p. 341, § 3, effective April 10.
§ 23-53-103.4. Corporate Stock in Name of Nominee Authorized
In order to facilitate the investment, reinvestment, sale, and disposition of corporate stocks, the board of trustees is authorized to hold certificates of stock in the name of a nominee of its selection without disclosing the fact that the certificates are held by the board of trustees or are held in a fiduciary capacity if: […]
§ 23-53-103.6. Investment Policy – Fiduciary Responsibility
If the board of trustees votes to invest Colorado Mesa university’s assets pursuant to sections 23-53-103.3 and 23-53-103.4, then the board of trustees shall develop and annually review a written investment policy for Colorado Mesa university, which policy shall include: An acknowledgment by the board of trustees of the board’s fiduciary responsibility with respect to […]