Colorado Statutes

§ 37-26-114 — Money applied proportionately - when

Colorado § 37-26-114
JurisdictionColorado
Title 37Water and
Art.Refunding Bonds

This text of Colorado § 37-26-114 (Money applied proportionately - 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. § 37-26-114 (2026).

Text

In the event there shall not be sufficient funds to the credit of a district for the payment in full of an installment of principal or interest when due, the district treasurer shall apply the money in the respective funds in proportionate payments on all bonds or coupons then due, endorsing on the bonds or coupons a notation showing the payments made. After respective maturities, the district treasurer shall make disbursements whenever he has sufficient funds to pay five percent of the total principal or twenty-five percent of the total interest due at maturity.

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Legislative History

Source: L. 33: p. 460, � 11. CSA: C. 57, � 108. CRS 53: � 47-7-14. C.R.S. 1963: � 47-7-14.

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Bluebook (online)
Colorado § 37-26-114, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/37/37-26-114.