§ 32-11-552 — Prior redemption provisions

The board may provide for the
redemption prior to maturity at the option of the district of any or all of the bonds or
other district securities designated in section 32-11-501 (2), in such order, by lot or
otherwise, at such time, with or without the payment of such premiums not
exceeding seven percent of the principal amount of each bond or other security so
redeemed, and otherwise upon such terms as may be provided by the board in the
resolution authorizing the issuance of the securities or other instrument pertaining
thereto.

Legislative History

Source: L. 69: p. 777, � 94. C.R.S. 1963: � 89-21-94.