C.R.S. § 35-57.5-104

(1) There is hereby created the Colorado sheep and wool authority, which shall be a body corporate and a political subdivision of the state. The authority shall not be an agency of state government, nor shall it be subject to administrative direction by any state agency except: (a) As provided in this article; (b) For purposes of the “Colorado Governmental Immunity Act”, article 10 of title 24 , C.R.S.; (c) For purposes of inclusion in the risk management fund and the self-insured property fund and by the department of personnel pursuant to part 15 of article 30 of title 24 , C.R.S.