Colorado Statutes
§ 31-25-903 — Formation of authority by municipality
The governing body of a
municipality may create and establish an authority by the passage of an ordinance
therefor. The authority shall have all the powers provided in this part 9 that are
authorized by the ordinance, or any amendment thereto, authorizing such authority.
When established, the authority shall be a body corporate and capable of being a
party to suits, proceedings, and contracts, the same as municipalities in this state.
Any such authority may be dissolved by ordinance of the governing body if there
are no outstanding bonds or other obligations of the authority or if adequate
provision for the payment of such bonds or obligations has been provided.
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Legislative History
Source: L. 80: Entire part added, p. 659, � 1, effective July 1. L. 2025: Entire
section amended, (SB 25-275), ch. 377, p. 2091, � 269, effective August 6.
Nearby Sections
15
§ 31-1-101
Definitions§ 31-1-102
Application - legislative intent§ 31-1-201
Classification of municipalities§ 31-1-202
Cities or towns retaining prior status§ 31-1-205
Organization after change§ 31-10-1001
When absent electors may vote§ 31-10-1003
Self-affirmation on return envelope§ 31-10-1004
Manner of absentee voting by paper ballot§ 31-10-1006
Delivery to judges§ 31-10-1007
Casting and counting absentee ballots§ 31-10-101
Short title