Colorado Statutes
§ 32-11-808 — Conclusiveness of board's determination
The determination of
the board that the limitations imposed in this article upon the issuance of bonds or
upon the issuance of other securities under this article, both general obligations
and special obligations, have been met shall be conclusive in the absence of fraud
or arbitrary and gross abuse of discretion, regardless of whether the authorizing
resolution or the securities thereby authorized contain a recital as authorized by
section 32-11-507.
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Legislative History
Source: L. 69: p. 812, � 198. C.R.S. 1963: � 89-21-198.
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Early hearings