§ 40-42-107. Labor Standards – Apprenticeship – Supervision
The authority shall ensure that, in any construction, expansion, or maintenance of facilities undertaken in Colorado pursuant to this article 42, all labor is performed either by the employees of an electric utility or by qualified contractors, or both, and that, except as otherwise provided in subsection (3) of this section, an electric utility not […]
§ 40-42-108. Report to General Assembly
Commencing in 2022, the authority shall submit a report of its activities to the energy and environment committee of the house of representatives and the transportation and energy committee of the senate, or any successor committees, not later than December 1 of each year. The report shall set forth a complete operating and financial statement […]
§ 40-41-113. Effect of Other Laws and Judicial Decisions
If any provision of this article 41 conflicts with any other law regarding the attachment, assignment, perfection, effect of perfection, or priority of any security interest in or transfer of CO-EI property, the provision of this article 41 governs to the extent of the conflict. Effective on the date that CO-EI bonds are first issued, […]
§ 40-41-114. Choice of Law
The laws of this state govern the validity, enforceability, attachment, perfection, priority, and exercise of remedies with respect to the transfer of an interest or right or creation of a security interest in any CO-EI property, CO-EI charge, or financing order. Source: L. 2019: Entire article added, (SB 19-236), ch. 359, p. 3330, § 26, […]
§ 40-41-115. Security Interests in Co-Ei Property
The creation, perfection, and enforcement of any security interest in CO-EI property to secure the repayment of the principal of and interest on CO-EI bonds, amounts payable under any ancillary agreement, and other financing costs are governed by this section and not by the “Uniform Commercial Code”, title 4, to the extent of any conflict. […]
§ 40-41-116. Sales of Co-Ei Property
A sale, assignment, or transfer of CO-EI property is an absolute transfer and true sale of, and not a pledge of or secured transaction relating to, the seller’s right, title, and interest in, to, and under the CO-EI property if the documents governing the transaction expressly state that the transaction is a sale or other […]
§ 40-42-101. Short Title
The short title of this article 42 is the “Colorado Electric Transmission Authority Act”. Source: L. 2021: Entire article added, (SB 21-072), ch. 329, p. 2114, § 4, effective June 24.
§ 40-42-102. Definitions
As used in this article 42, unless the context otherwise requires: “Acquire” means to obtain eligible facilities by lease, construction, reconstruction, purchase, or, as authorized by section 40-42-104 (1)(p) and subject to the requirements of articles 1 to 7 of title 38, the exercise of the power of eminent domain. “Authority” means the Colorado electric […]
§ 40-41-103. Financing Orders – Application Requirements
An electric utility, in its sole discretion, may apply to the commission for a financing order as authorized by this section. An investor-owned or other regulated electric utility may file an application for approval to issue CO-EI bonds in one or more series, impose, charge, and collect CO-EI charges, and create CO-EI property related to: […]
§ 40-42-103. Authority – Creation – Board – Open Meetings and Open Records
The Colorado electric transmission authority is hereby created as an independent public body politic and corporate. The authority is a public instrumentality, and its exercise of the powers as authorized by this article 42 is the performance of an essential public function. The authority is a political subdivision of the state, is not an agency […]