Colorado § 30-20-305 Terms and interest

Colorado Statutes

§ 30-20-305 — Terms and interest

Colorado·Title 30 Government·Art. Public Improvements

All anticipation warrants issued under the
provisions of this part 3 shall bear interest at a rate not exceeding a net effective
interest rate to be established by the official legislative body of the governmental
agency prior to the sale or issuance of such warrants. All warrants shall be
executed in such a manner and be payable serially in annual installments beginning
not later than two years and extending not more than twenty years from the date
thereof and at such place as the governmental agency determines.

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All anticipation warrants issued under the
provisions of this part 3 shall bear interest at a rate not exceeding a net effective
interest rate to be established by the official legislative body of the governmental
agency prior to the sale or issuance of such warrants. All warrants shall be
executed in such a manner and be payable serially in annual installments beginning
not later than two years and extending not more than twenty years from the date
thereof and at such place as the governmental agency determines.

Colorado § 30-20-305 (Terms and interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 55: p. 260, � 5. CRS 53: � 36-20-5. L. 57: p. 315, � 1. C.R.S. 1963: � 36-19-5. L. 69: p. 233, � 1. L. 70: p. 147, � 1. L. 91: Entire section amended, p. 744, � 9, effective April 4.