Colorado § 22-42-101 Definitions

Colorado Statutes

§ 22-42-101 — Definitions

Colorado·Title 22 Education·Art. Bonded Indebtedness

As used in this article, unless the context otherwise requires:

(1)Board of education or board means the governing body authorized by law to administer the affairs of any school district. (1.5) Repealed.

(2)Eligible elector means a person who has complied with the registration provisions of article 2 of title 1, C.R.S., and who resides within the jurisdiction of the political subdivision calling the election.

(3)Net effective interest rate of a proposed issue of bonds means the net interest cost of the issue divided by the sum of the products derived by multiplying the principal amount of such issue maturing on each maturity date by the number of years from the date of said proposed bonds to their respective maturities. In all cases the net effective interest rate shall be c

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As used in this article, unless the context otherwise
requires:

(1) Board of education or board means the governing body authorized by
law to administer the affairs of any school district.

(1.5) Repealed.

(2) Eligible elector means a person who has complied with the registration
provisions of article 2 of title 1, C.R.S., and who resides within the jurisdiction of the
political subdivision calling the election.

(3) Net effective interest rate of a proposed issue of bonds means the net
interest cost of the issue divided by the sum of the products derived by multiplying
the principal amount of such issue maturing on each maturity date by the number of
years from the date of said proposed bonds to their respective maturities. In all
cases the net effective interest rate shall be computed without regard to any option
of redemption prior to the designated maturity dates of the bonds.

(4) Net interest cost of a proposed issue of bonds means the total amount
of interest to accrue on said bonds from their date to their respective maturities,
plus the amount of any discount below par, or less the amount of any premium
above par at which said bonds are being or have been sold. In all cases the net
interest cost shall be computed without regard to any option of redemption prior to
the designated maturity dates of the bonds.

(4.5) Pupil enrollment count day has the same meaning as set forth in
section 22-54-103 (10.5).

(5) Registered elector means an elector who has complied with the
registration provisions of this article.

(6) School district or district means a school district organized and
existing pursuant to law or a joint taxation district organized and existing pursuant
to part 2 of article 30 of this title.

Colorado § 22-42-101 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 64: R&RE, p. 545, � 1. C.R.S. 1963: � 123-11-1. L. 70: p. 330, � 1. L. 71: pp. 1148, 1151, �� 1, 9. L. 75: (6) amended, p. 787, � 8, effective July 1. L. 87: (2) and (5) amended, p. 316, � 52, effective July 1. L. 92: (2) amended, p. 839, � 34, effective January 1, 1993. L. 94: (1.5) added, p. 1790, � 3, effective January 1, 1995. L. 96: (6) amended, p. 65, � 23, effective July 1. L. 2008: (1.5) repealed, p. 1900, � 78, effective August 5. L. 2012: (4.5) added, (HB 12-1090), ch. 44, p. 153, � 16, effective March 22.