Colorado Statutes
§ 32-14-121 — Limitation upon payment
The payment of special obligation
bonds shall not be secured by any encumbrance, mortgage, or other pledge of
property of the district, other than operating revenues, sales tax revenues, or
moneys or assets held in escrow. No property of the district, subject to this
exception, shall be liable to be forfeited or taken in payment of the special
obligation bonds.
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Legislative History
Source: L. 89: Entire article added, p. 1337, � 1, effective June 2. L. 90: Entire
section amended, p. 1524, � 13, effective April 16.
Nearby Sections
15
§ 32-1-1001
Common powers - definitions§ 32-1-1003
Health service districts - additional powers§ 32-1-1009
Regional tourism projects§ 32-1-101
Short title§ 32-1-102
Legislative declaration§ 32-1-103
Definitions§ 32-1-104.8
Information statement regarding taxes and debt§ 32-1-106
Repetitioning of elections - time limits§ 32-1-107
Service area of special districts§ 32-1-108
Correction of faulty notices§ 32-1-109
Early hearings