Colorado Statutes
§ 32-11-516 — Use of securities proceeds
Colorado § 32-11-516
This text of Colorado § 32-11-516 (Use of securities proceeds) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Colo. Rev. Stat. § 32-11-516 (2026).
Text
(1)All moneys received from the
issuance of any securities authorized in this article shall be used solely for the
purpose for which issued and to defray wholly or in part the cost of the project
thereby delineated, except for any funding or refunding securities.
(2)Any accrued interest and any premium shall be applied to the cost of the
project or to the payment of the interest on or the principal of the securities, or both
interest and principal, or shall be deposited in a reserve therefor, or any
combination thereof, as the board may determine.
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Legislative History
Source: L. 69: p. 769, � 58. C.R.S. 1963: � 89-21-58.
Nearby Sections
15
§ 32-1-1001
Common powers - definitions§ 32-1-1003
Health service districts - additional powers§ 32-1-1009
Regional tourism projects§ 32-1-101
Short title§ 32-1-102
Legislative declaration§ 32-1-103
Definitions§ 32-1-104.8
Information statement regarding taxes and debt§ 32-1-106
Repetitioning of elections - time limits§ 32-1-107
Service area of special districts§ 32-1-108
Correction of faulty notices§ 32-1-109
Early hearingsCite This Page — Counsel Stack
Bluebook (online)
Colorado § 32-11-516, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/32/32-11-516.