Colorado Statutes

§ 29-4-720 — Validity of any pledge

Colorado § 29-4-720
JurisdictionColorado
Title 29Government
Art.Housing

This text of Colorado § 29-4-720 (Validity of any pledge) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Colo. Rev. Stat. § 29-4-720 (2026).

Text

Any pledge made by the authority shall be valid and binding from the time when the pledge is made, and any assets or revenues shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the authority, irrespective of whether such parties have notice thereof. Neither the resolution nor any other instrument by which a pledge is created need be recorded. Nothing in this section shall be construed to prohibit the board from selling any assets subject to any such pledge, except to the extent that any such sale may be restricted by a trust agreement or resolution providing for the issuance o

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Legislative History

Source: L. 73: p. 813, � 1. C.R.S. 1963: � 69-11-15. L. 75: Entire section amended, p. 981, � 12, effective April 9.

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Bluebook (online)
Colorado § 29-4-720, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/29/29-4-720.