Colo. Rev. Stat. § 29-1-110

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session
Section 29-1-110 - Expenditures not to exceed appropriation
(1) During the fiscal year, no officer, employee, or other spending agency shall expend or contract to expend any money, or incur any liability, or enter into any contract which, by its terms, involves the expenditures of money in excess of the amounts appropriated. Any contract, verbal or written, made in violation of this section shall be void, and no moneys belonging to a local government shall be paid on such contract.
(2) Multiple-year contracts may be entered into where allowed by law or if subject to annual appropriation.

C.R.S. § 29-1-110

L. 90: Entire part R&RE, p. 1434, § 1, effective 1/1/1991.

This section is similar to former § 29-1-113 as it existed prior to 1990.