C.R.S. § 35-10.5-103: Enterprise created.

(1) The pesticide product disposal and container recycling enterprise is created in the department and exercises its powers and performs its duties and functions as a government-owned business in the department to execute the business purposes set forth in this section. The enterprise is created for the purposes of:

(a) Developing and administering the pesticide product disposal and container recycling program; and

(b) Imposing the pesticide product disposal fee and the pesticide registration product disposal fee.

(2) The board, in consultation with the department, shall administer the enterprise in accordance with this section.

(3) (a) The enterprise constitutes an enterprise for purposes of section 20 of article X of the state constitution so long as it retains the authority to issue revenue bonds and receives less than ten percent of its total revenues in grants, as defined in section 24-77-102 (7), from all Colorado state and local governments combined. So long as it constitutes an enterprise, the enterprise is not subject to section 20 of article X of the state constitution.

(b) The enterprise is authorized to issue revenue bonds for the expenses of the enterprise, secured by revenue of the enterprise.