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CO HB1072

Bill

Official Source

Status

Passed

3/8/2013

Primary Sponsor

Spencer Swalm

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Counties may purchase crime insurance coverage as an alternative to surety bonds for public trustees under Colorado Revised Statutes 38-37-102(4)
  • Crime insurance coverage protects county residents from malfeasance by the public trustee and their employees
  • The act took effect on August 7, 2013, subject to a potential referendum petition filed within 90 days of the general assembly's adjournment
  • If a referendum petition was filed, the act required approval by voters at the November 2014 general election to take effect
  • Governor John W. Hickenlooper signed the bill into law

Legislative Description

Public Trustees Crime Insurance Coverage

Last Action

Governor Action - Signed

3/8/2013

Committee Referrals

Local Government2/14/2013
Local Government1/11/2013

Full Bill Text

No bill text available