(1) The title to all property acquired by the society by gift, purchase, or otherwise shall absolutely vest in and belong to the state of Colorado when accepted or received by the society.
All noncustodial revenues received by the society other than limited gaming revenues deposited in the state historical fund pursuant to section 44-30-1201, and revenues deposited in the community museums cash fund pursuant to subsection (3) of this section, whether from commissions, sale of goods and services, admissions, membership and user charges, service fees, operation or rental of concessions or facilities, or from any other state source shall be deposited in the enterprise services cash fund, which fund is hereby created in the state treasury. Money in the fund is subject to annual appropriation by the general assembly for the direct and indirect costs of carrying out the activities of the society. The state treasurer shall credit all interest derived from the deposit and investment of money in the fund to the fund. Any money not appropriated remains in the fund and shall not be transferred or revert to the general fund or any other fund at the end of any fiscal year. Money in the enterprise services cash fund and any other historical society custodial accounts shall be held by the state treasurer as custodian separate and apart from other funds and may be withdrawn from the treasurer's custody for the purposes and under the control of the society, only upon the issuance of vouchers signed by the president or vice-president and treasurer or secretary of the society and upon warrants drawn against the funds by the controller.
All noncustodial revenues received by the society that were earned by a communitymuseum, whether from commissions, sale of goods and services, admissions, membership and user charges, service fees, operation or rental of concessions or facilities, or from any other state source shall be deposited in the community museums cash fund, which fund is hereby created in the state treasury. Moneys in the fund are subject to annual appropriation by the general assembly for the direct and indirect costs of carrying out the activities of the community museums. The state treasurer shall credit all interest derived from the deposit and investment of moneys in the fund to the fund. Any moneys not appropriated remain in the fund and shall not be transferred or revert to the general fund or any other fund at the end of any fiscal year. Moneys in the community museums cash fund shall be held by the state treasurer as custodian separate and apart from other funds and may be withdrawn from the treasurer's custody for the purposes and under the control of the society, only upon the issuance of vouchers signed by the president or vice-president and treasurer or secretary of the society and upon warrants drawn against such funds by the controller. For purposes of this section, "community museum" means any real property other than the state museum located at 1200 Broadway in Denver that is owned and operated by the historical society and that is open for public admission or events.
Source: L. 21: p. 741, § 4. C.L. § 8233. CSA: C. 154, § 16. L. 47: p. 820, § 1. CRS 53: § 131-1-9. C.R.S. 1963: § 131-1-9. L. 2015: Entire section amended, (SB 15-236), ch. 128, p. 398, § 3, effective July 1. L. 2017: (2) amended and (3) added, (SB 17-257), ch. 177, p. 647, § 1, effective April 28. L. 2018: (2) amended, (SB 18-034), ch. 14, p. 248, § 41, effective October 1.