NOTE: The governor signed this measure on 3/8/2013.
      
      
      HOUSE BILL 13-1072
      
      
      BY REPRESENTATIVE(S) Swalm, Fields, Hullinghorst, Kagan, Lebsock,
      McLachlan, Young;
      also SENATOR(S) Kefalas.
      
      
      Concerning the authority for counties to purchase crime
           insurance coverage for public trustees in lieu of surety
           bonds.
       
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 38-37-102, add (4) as
      follows:
      
           38-37-102.  Appointment - bond - office. (4)  In lieu of the bond
      required by subsections (1) and (2) of this section, a county may
      purchase crime insurance coverage on behalf of the public trustee
      to protect the people of the county from any malfeasance on the
      part of the public trustee and his or her employees.
      
           SECTION 2.  Act subject to petition - effective date. This act
      takes effect at 12:01 a.m. on the day following the expiration of the
      ninety-day period after final adjournment of the general assembly (August
      7, 2013, if adjournment sine die is on May 8, 2013); except that, if a
      referendum petition is filed pursuant to section 1 (3) of article V of the state
      constitution against this act or an item, section, or part of this act within
      such period, then the act, item, section, or part will not take effect unless
      approved by the people at the general election to be held in November 2014
      and, in such case, will take effect on the date of the official declaration of
      the vote thereon by the governor.
      
      
      
      
      ________________________________________________________
      Mark Ferrandino                         John P. Morse
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ________________________________________________________
      Marilyn Eddins                      Cindi L. Markwell
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO