1 Colo. Code Regs. § 105-2, ch. 3
Current through Register Vol. 48, No. 1, January 10, 2025
Chapter 3 - PROCEDURAL RULES3.1. The board shall hold meetings when deemed necessary by a majority of the board. At its first meeting each fiscal year, the board shall select a chairperson.3.2. Notice shall be provided to board members as reasonably in advance of any meeting as circumstances permit.3.3. Decisions of the board shall be made by a majority of the board. A quorum is two members.3.4. A tie on any significant item of business shall constitute rejection of the proposed action.3.5. Meetings of the board are public. The public may attend but not participate in such meetings. Meetings may be closed pursuant to the open meetings law for discussions of matters regarding settlement of claims and litigation.3.6. Writings made, maintained or kept by the board for use in exercising its official board functions required or authorized by law or involving expenditures of public funds are public records except for writings pertaining to settlement negotiations of claims and lawsuits against the state.3.7. For purposes of filing its annual report with the general assembly and effectuating its statutory duties, the board may at any time initiate a review of any matter relating to the fund or request status reports from the risk manager on payments made from the fund and on risk management programs.3.8. The board may seek the assistance of the insurance commissioner as it determines necessary to carry out its functions.