Colorado Statutes

§ 32-1-1602 — Definitions

Colorado·Title 32 Special·Art. Special District Provisions

As used in this part 16, unless the context otherwise requires:

(1)General obligation debt means an obligation of a special district created by a resolution of the special district authorizing the issuance of bonds or a contract, the obligations of which are backed by a pledge of the full faith and credit of the special district and a covenant to impose mill levies without limit to retire the bonds or fund the contractual obligation.
(2)Special district shall have the same meaning as provided in section 32-1-103 (20).

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Legislative History

Source: L. 92: Entire part added, p. 994, � 2, effective July 1.

Nearby Sections

15
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