Colorado Statutes

§ 32-11-549 — Acceptance of best bid

Colorado § 32-11-549
JurisdictionColorado
Title 32Special
Art.Urban Drainage and Flood Control Act

This text of Colorado § 32-11-549 (Acceptance of best bid) 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. § 32-11-549 (2026).

Text

(1)Subject to the right of the board to reject any and all bids, the securities shall be sold to the responsible bidder making the best bid.
(2)If there are two or more equal bids for the securities and such equal bids are the best bids received and not less than the principal amount of the securities and accrued interest, except for any permitted discount, the board shall determine which bid shall be accepted.

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Legislative History

Source: L. 69: p. 776, � 91. C.R.S. 1963: � 89-21-91.

Nearby Sections

15
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Bluebook (online)
Colorado § 32-11-549, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/32/32-11-549.