Colorado Revised Statutes

Colo. Rev. Stat. § 33-9-105 (2026)

Enterprise status of commission and division

✓ current as of July 2026

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(1) The division and the commission constitute an enterprise for the purposes of section 20 of article X of the state constitution, so long as the commission retains the authority to issue revenue bonds and the division receives less than ten percent of its total annual revenues in grants, as defined in section 24-77-102 (7), C.R.S., from all Colorado state and local governments combined. So long as they constitute an enterprise pursuant to this section, the division and the commission are not subject to any of the provisions of section 20 of article X of the state constitution.

(2) The enterprise created pursuant to this section has all the powers and duties of the commission and the division as authorized under this title.

(3) Nothing in this section limits or restricts the authority of the division to expend its revenues consistent with this title.

Source: L. 2011: Entire article added, (SB 11-208), ch. 293, p. 1377, § 2, effective July 1. L. 2012: (1) and (2) amended, (HB 12-1317), ch. 248, p. 1211, § 26, effective June 4.

Notes of Decisions

Cited in 1 case, 2014–2014 · leading case: United States ex rel. Ruotsinoja v. Bd. of Governors of the Colorado State Univ. Sys., 43 F. Supp. 3d 1190 (D. Colo. 2014).

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United States ex rel. Ruotsinoja v. Bd. of Governors of the Colorado State Univ. Sys., 43 F. Supp. 3d 1190 (D. Colo. 2014). · cites it 2× “Rather, it allows them to function with a greater degree of financial independence from the state. The Board points out that other agencies that are appear to be squarely within the category of arms-of-the-state nonetheless share the same enterprise status exempting them from…”

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