Colorado Statutes
§ 23-71-516 — Sale at less than par - discount
If it is found to be in the best
interest of the district, the board of trustees may issue such bonds and accept
therefor less than their face value; but such bonds shall be sold at a price such that
the net effective interest rate for the issue of bonds does not exceed the maximum
net effective interest rate approved by the voters in the election authorizing such
bonds.
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Legislative History
Source: L. 75: Entire article added, p. 772, � 1, effective July 1. L. 86: Entire
section amended, p. 864, � 53, effective July 1.
Nearby Sections
15
§ 23-1-101
Legislative declaration§ 23-1-101.1
Definitions§ 23-1-102
Commission established - terms of office§ 23-1-110
Organization, meetings, and staff§ 23-1-112
Tuition - reciprocal agreements§ 23-1-121.7
Commission directive - paraprofessional programs§ 23-1-126
Commission directive - nursing programs§ 23-1-129
Commission directive - student loans§ 23-1-201
Definitions§ 23-1-203
Academic adjustments - documentation