Any community college may withdraw from the state system and establish a local college district pursuant to procedures established by the Colorado commission on higher education. The procedures shall provide for a vote by the eligible electors of the area proposed to be incorporated into a local college district. The Colorado commission on higher education shall provide for the transfer of college property and liabilities to the district in the event of such a withdrawal and establishment.
Source: L. 85: Entire section added, p. 767, § 20, effective July 1. L. 92: Entire section amended, p. 860, § 71, effective January 1, 1993.