§ 11-57-204 — Election of applicability

(1) This part 2 is applicable to securities
issued by any public entity if the issuing authority of such public entity elects in an
act of issuance to apply all or any of the provisions of this part 2 to the issuance of
such securities. If a public entity elects to apply a provision of this part 2 and such
provision conflicts with a provision of another statutory law, the provision of this
part 2 shall control. No provision of this part 2 shall be interpreted to modify or limit
the rights and powers conferred on such public entity by any other provision of
state law, unless the public entity elects to use such provisions in the issuance of
its securities. This part 2 shall not modify or limit any provisions of articles 51 and
59 of this title.

(2) 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.

Legislative History

Source: L. 2000: Entire part added, p. 134, � 1, effective August 2.