Colorado Statutes

§ 37-31-132 — Warrants not paid draw interest

Colorado·Title 37 Water and·Art. Grand Valley Drainage District
When any warrants of the drainage district are presented to the treasurer and there are no funds in his hands to pay the same, he shall stamp the same in the same manner as ordinary county warrants are stamped, and said warrants shall draw interest at the rate of six percent per annum from the date of their presentation until paid.

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Legislative History

Source: L. 23: p. 294, � 31. CSA: C. 57, � 157. CRS 53: � 47-12-31. C.R.S. 1963: � 47-12-31.

Nearby Sections

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