§ 32-11-626 — Prior redemption provisions

The board may provide for the
redemption prior to maturity at the option of the district of any of the bonds or
debentures designated in section 32-11-501 (3), in such order, by lot or otherwise, at
such time or times, without or with the payment of such premium 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. 795, � 139. C.R.S. 1963: � 89-21-139.