Colorado § 31-35-417 Effect of and limitations upon validation

Colorado Statutes

§ 31-35-417 — Effect of and limitations upon validation

Colorado·Title 31 Government·Art. Water and Sewage

This part 4 shall
operate to supply such legislative authority as may be necessary to validate any
such securities issued and other contracts executed prior to March 13, 1962, of such
municipalities and any acts and proceedings taken appertaining to the issuance of
such securities or execution of other contracts by such municipalities or otherwise
prior to said date 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 op

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This part 4 shall
operate to supply such legislative authority as may be necessary to validate any
such securities issued and other contracts executed prior to March 13, 1962, of such
municipalities and any acts and proceedings taken appertaining to the issuance of
such securities or execution of other contracts by such municipalities or otherwise
prior to said date 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, proceeding, or other matter, the
legality of which is being contested, or inquired into in any legal proceeding now
pending and undetermined and shall not operate to confirm, validate, or legalize
any bond or coupon, other contract, act, proceeding, or other matter which, prior to
March 13, 1962, has been determined in any legal proceeding to be illegal, void, or
ineffective.

Colorado § 31-35-417 (Effect of and limitations upon validation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.