The president of the university is authorized to form and contract with a private nonprofit corporation(s) established for the purpose of developing discoveries and technology resulting from science and technology research at the University of Colorado pursuant to C.R.S. 23-5-121, so long as such statutory authorization exists.
The president is authorized to make the annual appointments of the institutional members of the board of directors of such a nonprofit corporation. The Board of Regents shall approve these appointments by president.
The president shall provide the Board of Regents with an annual report detailing the operations of any nonprofit corporation formed under this Policy (14-D).
Last Amended: May 19, 2009