Colorado § 32-1-1602 Definitions

Colorado Statutes

§ 32-1-1602 — Definitions

Colorado § 32-1-1602

Title 32Special

Art.Special District Provisions

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Bluebook

Colo. Rev. Stat. § 32-1-1602 (2026).

Text

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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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).