C.R.S. § 24-1-112
24-1-112. Department of the treasury - creation
24-1-112. Department of the treasury - creation. (1) There is hereby created a department of the treasury, the head of which shall be the state treasurer.
(2) (a) The department of the treasury, created in article 36 of this title 24, is a type 2 entity, as defined in section 24-1-105, and exercises its powers and performs its duties and functions as specified by law and subject to the state constitution.
(b) The office of the state treasurer is a type 2 entity, as defined in section 24-1-105, and exercises its powers and performs its duties and functions as vested by law or the state constitution in the office of the state treasurer, subject to the state constitution.