1 Colo. Code Regs. § 101-1-6-6
Current through Register Vol. 48, No. 1, January 10, 2025
Rule 1 CCR 101-1-6-6 - FEDERAL CASH MANAGEMENT1.AUTHORITY 31 CFR, Part 205 (Rules and Procedures for Efficient Federal-State Funds Transfers)
§24-22-107(6), C.R.S. (Duties of the State Treasurer)
2.RULE2.1. Unless Federal funds have been advanced to the State Agency or Institution of Higher Education, State Agencies and Institutions of Higher Education shall make draws of Federal funds as closely as possible to the use of those funds and shall ensure compliance with applicable Federal and State laws, including any liability for interest payable to the Federal government for major Federal programs.2.2. The State Treasurer shall be the State's cash management officer responsible for the efficient management of all cash held by the State Treasury and shall perform the duties necessary to carry out such function, in consultation with the Governor.41 CR 19, October 10, 2018, effective 11/1/201845 CR 11, June 10, 2022, effective 7/1/202246 CR 11, June 10, 2023, effective 7/1/202347 CR 08, April 25, 2024, effective 7/1/2024