(1) In order to facilitate the investment, reinvestment, sale, and disposition of corporate stocks, the regents of the university of Colorado are authorized to hold certificates of stock in the name of a nominee of their selection without disclosing the fact that certificates are held by the regents or are held in a fiduciary capacity, if:
The records of the regents and all reports or accounts rendered by them clearly showthe ownership of the stock by the regents and the facts regarding their holding; and
The nominee deposits with the regents a signed statement showing the trust ownership, endorses the stock certificate in blank, and does not have possession of the stock certificate or access thereto except under the immediate supervision of the treasurer of the university or such other person as the regents designate.
(2) Notwithstanding section 24-1-136 (11)(a)(I), a report shall be made by the regents of the university of Colorado, to the general assembly at each regular session, of the investments made and the interest derived therefrom under the provisions of this section and section 23-20118.
Source: L. 55: p. 806, § 3. CRS 53: § 124-2-42. C.R.S. 1963: § 124-2-32. L. 76: (2) amended, p. 304, § 38, effective May 20. L. 2017: (2) amended, (HB 17-1251), ch. 253, p. 1060, § 10, effective August 9.