| Rule |
|
| Additional Information |
|
| Statutory Authority |
C.R.S. 11-51-704 and 11-51-902 |
| Purpose/Objective of Rule |
To replace the requirement of compliance by local government in investment pool trust funds ("LGIPs") with SEC Reg. § 270 2a-7, with these rules. The new rules allow LGIPs to maintain a stable net asset value per share of $1.00 while providing a reliable source of liquidity to pool participants. |
| Basis And Purpose |
BasisAndPurposeAttachment2016-00537.pdf
|
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
No
|
| Contact Name |
Lillian Alves |
| Contact Title |
Deputy Commissioner |
| Contact Telephone |
303-894-2810 |
| Contact email |
lillian.alves@state.co.us |