As used in this part 4, unless the context otherwise requires: “Board” means the electronic recording technology board created in section 24-21-402 (1). “Electronic” means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. “Electronic filing system” means the document management system used by a clerk and recorder to comply with […]
The electronic recording technology board is created in the department of state. The board consists of the secretary of state, or his or her designee, and eight other members appointed as follows: One member from the real estate section of the Colorado bar association appointed by the governor; One member from the title industry appointed […]
The general assembly hereby declares that the core goals in developing and modernizing electronic filing systems are to: Assure the security, accuracy, and preservation of public records required to be maintained by a clerk and recorder; Maintain the privacy of personal identifying information, online public access to which is not necessary to the proper functioning […]
The electronic recording technology fund is created in the state treasury and consists of money credited thereto in accordance with section 30-10-421 (3)(a), C.R.S. The money in the fund is continuously appropriated to the board to award grants under subsection (2) of this section and for any other purpose authorized by this part 4, including […]
The board may, by resolution, authorize and issue revenue bonds that are payable only from the money in the fund. Bonds may be issued only after approval by both houses of the general assembly acting either by bill or joint resolution and after approval by the governor in accordance with section 39 of article V […]
Notwithstanding section 24-1-136 (11), on or before September 1, 2017, and each September 1 thereafter until September 1, 2025, the board shall prepare a report that, for each grant made during the prior fiscal year, describes the: County that received the grant; Grant amount; Purpose of the grant; and Grant outcomes. The board shall follow-up […]
This part 4 is repealed, effective September 1, 2026. Prior to such repeal, the board shall be reviewed as provided in section 2-3-1203. Source: L. 2016: Entire part added, (SB 16-115), ch. 356, p. 1481, § 3, effective June 10. L. 2021: Entire section amended, (HB 21-1225), ch. 289, p. 1711, § 5, effective September […]
