§ 11-57-203 — Definitions

As used in this part 2, unless the context otherwise
requires:

(1) Act of issuance means an ordinance, resolution, or decision to issue a
security pursuant to delegated authority adopted by the issuing authority or officer
of a public entity for the purpose of issuing a security or an amendment to such
ordinance, resolution, or decision adopted by the issuing authority after the
issuance of a security.

(2) Issuing authority means the governing body of any public entity in
which the laws of this state vest the authority to issue securities through an act of
issuance.

(3) Public entity means any state agency, state department, political
subdivision, quasi-governmental entity, or any entity that is created by the
constitution or statute of this state that is authorized to issue securities. Such
entities include the following:

(a) The state treasurer;

(b) Any state educational institution, or other state institution, its governing
board, or other issuing authority of such institution constituting a body corporate;

(c) Any county or city and county;

(d) Any municipality;

(e) Any school district;

(f) Any district organized or acting pursuant to the provisions of title 32,
C.R.S.;

(g) Any district or authority organized or acting pursuant to the provisions of
title 29, 30, or 31, C.R.S.;

(h) Any water conservancy district;

(i) Any other political subdivision or governmental or quasi-governmental
entity of this state;

(j) Any other public entity as defined in section 24-75-601 (1), C.R.S.; or

(k) A nonprofit corporation organized under the law of this state and created
solely for the purpose of issuing securities on behalf of an entity listed in
paragraphs (a) to (i) of this subsection (3).

(4) Revenues means all or any portion of any taxes, tolls, fees, rates,
charges, assessments, grants, contributions, or other income and revenues received
by the public entity.

(5) Securities means any financial contract, note, warrant, bond,
certificate, or debenture authorized to be issued by a public entity under other laws
of this state.

Legislative History

Source: L. 2000: Entire part added, p. 133, � 1, effective August 2. L. 2004: (1) and (3) amended, p. 948, � 1, effective May 21.