Colorado § 37-43-132 Purposes for bond issues

Colorado Statutes

§ 37-43-132 — Purposes for bond issues

Colorado § 37-43-132

Title 37Water and

Art.Irrigation Districts of 1905 and 1921

This text of Colorado § 37-43-132 (Purposes for bond issues) 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. § 37-43-132 (2026).

Text

Whenever irrigation districts shall be
organized or created under the laws of this state, they have power to construct,
build, or acquire irrigation works and to purchase or acquire rights-of-way,
reservoirs, water rights, and priorities of rights to the use of water, all of which are
declared to be public purposes. Such districts shall be special taxing districts with
power to levy ad valorem taxes on all taxable land therein and to collect the same
and to issue negotiable coupon general obligation bonds for any of said purposes,
the principal of and the interest on which shall be payable from such ad valorem
taxes as provided in section 37-43-136. If it is proposed that any district to be
organized shall issue bonds under this part 1, the petition for the organization
thereof a

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Whenever irrigation districts shall be
organized or created under the laws of this state, they have power to construct,
build, or acquire irrigation works and to purchase or acquire rights-of-way,
reservoirs, water rights, and priorities of rights to the use of water, all of which are
declared to be public purposes. Such districts shall be special taxing districts with
power to levy ad valorem taxes on all taxable land therein and to collect the same
and to issue negotiable coupon general obligation bonds for any of said purposes,
the principal of and the interest on which shall be payable from such ad valorem
taxes as provided in section 37-43-136. If it is proposed that any district to be
organized shall issue bonds under this part 1, the petition for the organization
thereof and the notice of the election on the question of organization shall so state.

Legislative History

Source: L. 33-34, 2nd Ex. Sess.: p. 57, � 1. CSA: C. 90, � 512. CRS 53: � 149-3-31. C.R.S. 1963: � 150-3-31. L. 88: Entire section amended, p. 1231, � 4, effective April 6.