Colorado § 30-26-302 Bond issue - limitation - interest - redemption

Colorado Statutes

§ 30-26-302 — Bond issue - limitation - interest - redemption

Colorado § 30-26-302

Title 30Government

Art.Bonds

This text of Colorado § 30-26-302 (Bond issue - limitation - interest - redemption) 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. § 30-26-302 (2026).

Text

The board of
county commissioners, when authorized as provided in section 30-26-301, may
make and issue coupon bonds of the county not exceeding the amounts authorized
by the electors, payable at the pleasure of the county but absolutely due and
payable twenty years after such date, bearing interest at a rate such that the net
effective interest rate of the issue of bonds does not exceed the maximum net
effective interest rate authorized, payable annually or semiannually; such interest
and principal, when due, shall be payable at the office of the county treasurer of the
county or at such other location as the board of county commissioners may
designate. The board of county commissioners shall prescribe the form of said
bonds and the coupons thereto; and, to provide for the princ

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The board of
county commissioners, when authorized as provided in section 30-26-301, may
make and issue coupon bonds of the county not exceeding the amounts authorized
by the electors, payable at the pleasure of the county but absolutely due and
payable twenty years after such date, bearing interest at a rate such that the net
effective interest rate of the issue of bonds does not exceed the maximum net
effective interest rate authorized, payable annually or semiannually; such interest
and principal, when due, shall be payable at the office of the county treasurer of the
county or at such other location as the board of county commissioners may
designate. The board of county commissioners shall prescribe the form of said
bonds and the coupons thereto; and, to provide for the principal and interest and
redemption premiums accruing on the bonds, it shall provide for the levying of a tax
which, together with such other revenue, assets, or funds as may be pledged, will
be sufficient to pay the principal, interest and redemption premiums, if any,
accruing on the bonds.

Legislative History

Source: G.L. � 449. G.S. � 672. L. 1889: p. 103, � 1. R.S. 08: � 1365. C.L. � 8843. CSA: C. 45, � 195. CRS 53: � 36-6-2. C.R.S. 1963: � 36-6-2. L. 70: p. 139, � 5. L. 79: Entire section amended, p. 1158, � 2, effective May 4.