Code of Colorado Regulations 1508 - Department of Treasury

24 Jun 2025 --
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Code of Colorado Regulations (CCR) – 1508: Department of Treasury

Overview:
CCR 1508 contains the administrative rules and regulations governing the operations, duties, and procedures of the Colorado Department of Treasury. These rules guide the department in managing state finances, investments, unclaimed property, and other fiscal responsibilities.

Key Areas Covered in CCR 1508

Organization and Administration

Structure of the Department of Treasury.

Roles and responsibilities of the State Treasurer and department staff.

Internal governance policies for operational efficiency.

Fiscal Management

Rules for managing state funds and accounts.

Procedures for budgeting, accounting, and reporting financial activities.

Guidelines for handling deposits, withdrawals, and transfers of state money.

Investments

Standards for investing state funds, including risk management and diversification requirements.

Procedures for selecting financial institutions and investment instruments.

Reporting requirements for investment performance.

Unclaimed Property

Guidelines for collecting, managing, and distributing unclaimed or abandoned property.

Responsibilities of businesses and financial institutions to report unclaimed property.

Procedures for individuals to claim unclaimed property from the state.

Debt Management

Rules for issuing, managing, and repaying state debt.

Oversight of bonds, notes, and other financial obligations.

Compliance with state and federal debt regulations.

Records and Reporting

Requirements for maintaining accurate records of all Treasury operations.

Periodic reports to the Governor, General Assembly, and other oversight entities.

Auditing procedures to ensure transparency and accountability.

Administrative Procedures

Rules for public inquiries and access to records.

Enforcement mechanisms for non-compliance with Treasury regulations.

Appeal and dispute resolution procedures within the department.

Purpose:
CCR 1508 ensures that the Colorado Department of Treasury operates in a lawful, transparent, and efficient manner. It establishes procedures for handling public funds, investments, unclaimed property, and other fiscal responsibilities while protecting the public interest.