1. (1) The board of governors of the Colorado state university system, designated in this section as the board, is authorized to enter into contracts for the advancement of money for the construction and acquisition of facilities or equipment, or both, for the Colorado state university veterinary medicine hospital, or any part thereof, and, in connection with or as a part of such contracts, to pledge revenues from a special hospital fee that the board shall collect pursuant to agreements entered into with or with respect to each accountable student as security for the repayment of the money advanced, together with interest. For purposes of this section, an accountable student is a person who, as of the date of their selection for admission into the professional veterinary medicine program, is not receiving funding, either from the state of Colorado or from a state that has entered into a cooperative agreement with the state of Colorado pursuant to section 24-60-601, for all or any portion of the costs incurred in participating in the professional veterinary medicine program. An annual fee is charged to and paid by each accountable student and as a condition to that student's continued enrollment in the professional veterinary medicine program. The board shall fix the fee annually in an amount sufficient to meet the obligation authorized by this section.
2. (2) The board, in accordance with state law, shall annually assess each cooperative state or accountable student a support fee to reimburse Colorado for instructional costs. Colorado shall share proportionately in the acquisition or replacement of equipment and renovation projects. The amount to be paid by Colorado is determined by the annual ratio of Colorado students to accountable students based upon beginning enrollment of each school year. The fee required to be collected pursuant to this subsection (2) is based on a student's status as an accountable student at the time of selection for admission into the professional veterinary medicine program and shall not be reduced or waived regardless of the student's status as an in-state student, pursuant to the provisions of section 23-7-103, at any time during the student's participation in the professional veterinary medicine program.
3. (3) to (7) (Deleted by amendment, L. 2025).

Source: L. 2007: Entire article amended with relocations, p. 529, § 2, effective August 3. L. 2013: (2) amended, (HB 13-1026), ch. 12, p. 33, § 1, effective March 8. L. 2025: Entire section amended, (HB 25-1131), ch. 49, p. 218, § 1, effective August 6.

Editor's note: This section is similar to former § 23-31-135 as it existed prior to 2007, and the former § 23-31-118 was relocated to § 23-31-107.