§ 23-20-125 — Anticipation warrants

The state treasurer is authorized to issue
anticipation warrants in such amounts as requested by the board of regents of the
university of Colorado, the total amount of which shall not exceed four million
dollars, to be repaid exclusively from the user revenues accruing to the university
of Colorado research building revolving fund as provided in sections 23-20-123 to
23-20-125 or from revenues and net income of any other designated enterprise
auxiliary facilities that are pledged to the repayment of such anticipation warrants
pursuant to sections 23-5-102 and 23-5-103, or any combination thereof; such
anticipation warrants shall bear interest at a rate not exceeding four percent per
annum except those issued on or after February 15, 1968, which shall bear interest
not exceeding six percent per annum, and shall not be sold at a price less than the
face value thereof. Disbursements from said fund shall be only by warrant upon
vouchers certified by the board of regents of the university of Colorado.

Legislative History

Source: L. 64: p. 633, � 3. C.R.S. 1963: � 124-2-36. L. 68: p. 6, � 1. L. 71: p. 1181, � 1. L. 99: Entire section amended, p. 904, � 3, effective August 4.