Colorado Statutes

§ 23-41-118 — Anticipation warrants

Colorado·Title 23 Postsecondary Education·Art. School of Mines
The state treasurer is authorized to issue anticipation warrants in such amounts as requested by the board of trustees, the total amount of which shall not exceed one million dollars, to be repaid exclusively from the user revenues accruing to the Colorado school of mines research building revolving fund as provided in this section and sections 23-41-116 and 23-41-117. The anticipation warrants shall bear interest at a rate 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 trustees.

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Legislative History

Source: L. 77: Entire section added, p. 1121, � 1, effective May 16.

Nearby Sections

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