Colorado § 11-56-113 Tax exemption - exceptions

Colorado Statutes

§ 11-56-113 — Tax exemption - exceptions

Colorado § 11-56-113

Title 11Financial

Art.Public Securities Refunding Act

This text of Colorado § 11-56-113 (Tax exemption - exceptions) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 11-56-113 (2026).

Text

(1)Except as otherwise provided in this article, all general obligation refunding bonds, refunding revenue bonds, and special obligation refunding bonds and the income therefrom shall be exempt from taxation, except inheritance, estate, and transfer taxes.

(2)Bonds issued pursuant to this article for the purpose of refunding outstanding obligations which were neither exempt from such taxation at the time issued or at the time of the refunding nor which would have been exempt from such taxation if originally issued at the time of the refunding, shall be subject to taxation to the same extent and in the same manner as the outstanding obligations for the refunding of which they are issued.

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(1) Except as otherwise provided in
this article, all general obligation refunding bonds, refunding revenue bonds, and
special obligation refunding bonds and the income therefrom shall be exempt from
taxation, except inheritance, estate, and transfer taxes.

(2) Bonds issued pursuant to this article for the purpose of refunding
outstanding obligations which were neither exempt from such taxation at the time
issued or at the time of the refunding nor which would have been exempt from such
taxation if originally issued at the time of the refunding, shall be subject to taxation
to the same extent and in the same manner as the outstanding obligations for the
refunding of which they are issued.