Colorado Statutes
§ 11-54-114 — Incontestable recital in public securities
Any ordinance
authorizing, or any trust indenture or other instrument appertaining to, any public
securities under this article may provide that each authorized public security shall
recite that it is issued under authority of this article. Such recital shall conclusively
impart full compliance with all of the provisions of this article, and all public
securities issued containing such recital shall be incontestable for any cause
whatsoever after their delivery for value.
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Legislative History
Source: L. 63: p. 895, � 14. C.R.S. 1963: � 125-8-14.
Nearby Sections
15
§ 11-10.5-101
Short title§ 11-10.5-102
Legislative declaration§ 11-10.5-103
Definitions§ 11-10.5-104
Applicability of article§ 11-10.5-105
Authority of banking board§ 11-10.5-107
Eligible collateral - uninsured public deposits§ 11-10.5-109
Verification of collateral held - reports required§ 11-10.5-110
Procedures when event of default occurs§ 11-10.5-112
Annual fees and assessments§ 11-101-101
Short title§ 11-101-102
Declaration of policy§ 11-101-201
Effect on existing banks§ 11-101-301
Application of code§ 11-101-302
No private right of action