§ 30-26-401 — Refunding bonds authorized

Colorado § 30-26-401

• Jurisdiction: Colorado
• Title 30: Government
• Art.: Bonds

Text

The board of county
commissioners of any county in this state may issue negotiable coupon bonds, to be
denominated refunding bonds, for the purpose of refunding any of the bonded
indebtedness of such county, whether due or not due, or which may become
payable at the option of such county, or by consent of the bondholders, or by any
lawful means, whether such bonded indebtedness existed on March 30, 1917, or
was thereafter created, and there are not funds in the treasury of such county
available for the payment or redemption of such bonds; but the amount of such
refunding bonds to be issued under the provisions of this part 4 shall first be
determined by such board of county commissioners, and a certificate of such
determination shall be made and entered in the records of the county prior to the
issuance of said refunding bonds.

Legislative History

Source: L. 17: p. 154, � 1. C.L. � 8865. CSA: C. 45, � 217. CRS 53: � 36-7-1. C.R.S. 1963: � 36-7-1.