Colorado Statutes
§ 11-56-102 — Legislative declaration - applicability
The general assembly
hereby declares that the orderly refunding of any revenue obligation or any general
obligation bond and any other lawful general obligation indebtedness by any public
body of the state, as defined in section 11-56-103 (7), when advantageous to the
public body or persons within the public body, will serve a public use and will
promote the health, safety, security, and general welfare of the inhabitants thereof
and of the people of the state of Colorado. It is the intent of this article to provide a
consistent mechanism for refunding for such public bodies of the state.
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Legislative History
Source: L. 77: Entire article added, p. 582, � 1, effective July 1.
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