§ 30-20-415 — Effect of and limitations upon validation

Colorado § 30-20-415

• Jurisdiction: Colorado
• Title 30: Government
• Art.: Public Improvements

Text

This part 4 shall
operate to supply such legislative authority as may be necessary to validate any
such securities issued prior to June 2, 1971, and other contracts of such counties
executed before said date and any acts and proceedings taken before said date
appertaining to the issuance of such securities or execution of other contracts by
such counties or otherwise which the general assembly could have supplied or
provided for in the law under which such securities were issued or such other
contracts were executed and such acts or proceedings were taken; but this part 4
shall be limited to the validation of such securities, other contracts, acts, and
proceedings to the extent to which the same can be effectuated under the state
and federal constitutions. This part 4 shall not operate to validate, ratify, approve,
confirm, or legalize any bond or coupon, other contract, act, proceedings, or other
matter the legality of which is being contested or inquired into in any legal
proceeding now pending and undetermined, and it shall not operate to confirm,
validate, or legalize any bond or coupon, other contract, act, proceedings, or other
matter which was determined in any legal proceeding prior to June 2, 1971, to be
illegal, void, or ineffective.

Legislative History

Source: L. 71: p. 364, � 1. C.R.S. 1963: � 36-29-15.