§ 8-82-102 — Anticipation warrants - issuance and investment

For the
purpose of defraying the cost of land and for the construction of the proposed
buildings, the nonprofit corporation or authority is authorized, with the approval of
the governor, to issue and sell anticipation warrants in an amount not to exceed one
million eight hundred fifty thousand dollars at an interest rate of not more than four
percent per annum. Any state trust funds, and only such funds as may be available
for permanent investment, may be used to purchase said anticipation warrants.
Such anticipation warrants shall be redeemed and the interest thereon paid in the
manner and from the funds enumerated in section 8-82-103.

Legislative History

Source: L. 55: p. 535, � 2. L. 56: p. 160, � 1. CRS 53: � 82-12-2. C.R.S. 1963: � 82-12-2.