Colo. Rev. Stat. § 11-47-119

Current through 11/5/2024 election
Section 11-47-119 - Liability of officials of governmental units

No official of a governmental unit who acted in good faith in selecting, designating, or approving any eligible public depository for the deposit of public moneys in his custody or under his control shall be liable for any loss of public moneys deposited therein by reason of the occurrence of an event of default with respect to such depository.

C.R.S. § 11-47-119

L. 75: Entire article added, p. 406, § 1, effective July 1.