Colorado Statutes
§ 30-20-519 — Reserve fund
Whenever any indebtedness has been incurred by
a district, it is lawful for the board to levy taxes and collect revenue for the purpose
of creating a reserve fund in such amount as the board may determine, which may
be used to meet the obligations of the district, for operating charges and
depreciation, and to provide extensions and betterments of the authorized
improvements of the district.
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Colorado § 30-20-519 (Reserve fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 68: p. 168, � 18. C.R.S. 1963: � 36-25-18.
Nearby Sections
15
§ 30-1-101
Classification of counties - fixing fees§ 30-1-102
Fees of county treasurer - repeal§ 30-1-104
Fees of sheriff§ 30-1-107
Penalty for violation - duties§ 30-1-108
Schedule of fees posted§ 30-1-109
Fee bill§ 30-1-110
Penalty for failure to serve§ 30-1-111
Unauthorized fees - penalty§ 30-1-112
Fees paid monthly§ 30-1-113
Officers to keep account of fees§ 30-1-114
Monthly report of officers§ 30-1-115
Commissioners to audit accounts§ 30-1-116
Officers shall collect fees in advance