Colorado Statutes

§ 32-11-627 — Special obligations

Colorado § 32-11-627
JurisdictionColorado
Title 32Special
Art.Urban Drainage and Flood Control Act

This text of Colorado § 32-11-627 (Special obligations) 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. § 32-11-627 (2026).

Text

(1)Assessment debentures and assessment bonds issued under this article shall constitute special obligations of the urban district and shall not be a debt of the district. The district shall not be liable on such securities except as otherwise expressly provided in this article, nor shall the urban district thereby pledge its full faith and credit for their payment. Such securities (other than debentures funded with bond proceeds) shall not be payable out of any funds other than the special assessments (including installments thereof, interest thereon, and any penalties) and other funds and moneys pledged as additional security for the payment thereof, as authorized in this article.
(2)Each assessment debenture and assessment bond issued under this article shall recite in subst

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Legislative History

Source: L. 69: p. 796, � 140. C.R.S. 1963: � 89-21-140.

Nearby Sections

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Bluebook (online)
Colorado § 32-11-627, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/32/32-11-627.