Colorado § 32-11-541 Use of other moneys

Colorado Statutes

§ 32-11-541 — Use of other moneys

Colorado § 32-11-541

Title 32Special

Art.Urban Drainage and Flood Control Act

This text of Colorado § 32-11-541 (Use of other moneys) 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. § 32-11-541 (2026).

Text

The district may apply any funds (other
than taxes) that may be available for that purpose to the payment of the interest on
or the principal of any general obligation district securities as the same
respectively mature, including without limitation the payment of general obligation
bonds as provided in section 32-11-537, and regardless of whether the payment of
the general obligation district securities is additionally secured by a pledge of
revenues and, upon such payments, the levy of taxes provided in this article may
thereupon to that extent be diminished.

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The district may apply any funds (other
than taxes) that may be available for that purpose to the payment of the interest on
or the principal of any general obligation district securities as the same
respectively mature, including without limitation the payment of general obligation
bonds as provided in section 32-11-537, and regardless of whether the payment of
the general obligation district securities is additionally secured by a pledge of
revenues and, upon such payments, the levy of taxes provided in this article may
thereupon to that extent be diminished.