Colorado § 11-57-202 Legislative declaration

Colorado Statutes

§ 11-57-202 — Legislative declaration

Colorado·Title 11 Financial·Art. Public Securities

The general assembly hereby finds,
determines, and declares that, due to the changes in the public securities market
and recent technological developments, it is important to provide public entities
with the option to elect to apply the provisions of this part 2 when issuing securities.
This part 2 will serve a public use and will promote the health, safety, security, and
general welfare of the people of the state of Colorado. The general assembly
intends for this part 2 to provide supplemental procedures for the issuance of
securities otherwise authorized by law. However, nothing in this part 2 authorizes an
issuing authority to waive an election otherwise required under section 20 of article
X or article XI of the Colorado constitution or to hold an election inconsistent with
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The general assembly hereby finds,
determines, and declares that, due to the changes in the public securities market
and recent technological developments, it is important to provide public entities
with the option to elect to apply the provisions of this part 2 when issuing securities.
This part 2 will serve a public use and will promote the health, safety, security, and
general welfare of the people of the state of Colorado. The general assembly
intends for this part 2 to provide supplemental procedures for the issuance of
securities otherwise authorized by law. However, nothing in this part 2 authorizes an
issuing authority to waive an election otherwise required under section 20 of article
X or article XI of the Colorado constitution or to hold an election inconsistent with
the election requirements in section 20 of article X.

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