Colorado § 32-9-128 Incurrence of special obligations

Colorado Statutes

§ 32-9-128 — Incurrence of special obligations

Colorado § 32-9-128

Title 32Special

Art.Regional Transportation District Act

This text of Colorado § 32-9-128 (Incurrence of 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. § 32-9-128 (2026).

Text

The district may borrow money
in anticipation of the revenues and the sales tax proceeds of the district, but not the
proceeds of any general ad valorem property taxes, and issue special obligation
bonds to evidence the amount so borrowed. Any special obligation bonds or other
obligations payable in whole or in part from the sales tax proceeds of the district or
revenues of the district, or both, may be issued or incurred without an election, in
anticipation of such sales tax proceeds or revenues, or both.

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The district may borrow money
in anticipation of the revenues and the sales tax proceeds of the district, but not the
proceeds of any general ad valorem property taxes, and issue special obligation
bonds to evidence the amount so borrowed. Any special obligation bonds or other
obligations payable in whole or in part from the sales tax proceeds of the district or
revenues of the district, or both, may be issued or incurred without an election, in
anticipation of such sales tax proceeds or revenues, or both.

Legislative History

Source: L. 69: p. 721, � 1. C.R.S. 1963: � 89-20-27. L. 70: p. 293, � 103. L. 73: 993, � 7. L. 82: Entire section amended, p. 501, � 6, effective April 15. L. 2000: Entire section amended, p. 308, � 5, effective April 5.