Colorado Statutes

§ 32-9-136 — Limitation upon payment

Colorado·Title 32 Special·Art. Regional Transportation District Act
The payment of securities shall not be secured by any encumbrance, mortgage, or other pledge of property of the district, other than revenues, proceeds of sales taxes, or any other moneys pledged for the payment of the securities. No property of the district, subject to said exception, shall be liable to be forfeited or taken in payment of the securities.

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Legislative History

Source: L. 69: p. 723, � 1. C.R.S. 1963: � 89-20-36. L. 73: p. 994, � 14. L. 2000: Entire section amended, p. 309, � 10, effective April 5.

Nearby Sections

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