Colorado Statutes

§ 37-26-106 — Refunding bonds exchanged - when

Colorado § 37-26-106
JurisdictionColorado
Title 37Water and
Art.Refunding Bonds

This text of Colorado § 37-26-106 (Refunding bonds exchanged - when) 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. § 37-26-106 (2026).

Text

The refunding bonds may be exchanged for the outstanding bonds and interest so refunded, or they may be sold, in which latter event, the proceeds shall be used solely for the purpose of paying the principal of and the interest on the bonds refunded, and for improvement of the district. In no event shall the principal amount of refunding bonds issued exceed the amount of outstanding bonds and matured interest coupons surrendered and canceled simultaneously with the issuance of refunding bonds. Any exchange or sale of refunding bonds shall be made in such manner as to cause no loss of interest to the district.

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Legislative History

Source: L. 33: p. 453, � 6. CSA: C. 57, � 100. CRS 53: � 47-7-6. C.R.S. 1963: � 47-7-6.

Nearby Sections

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Bluebook (online)
Colorado § 37-26-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/37/37-26-106.