Colorado Statutes
§ 37-43-147 — Sale of bonds
In case of the sale of said refunding bonds or any
portion thereof for cash, the same procedure shall be followed as in case of the sale
of an original issue of bonds; but, if no bid of par or better is received at public sale,
said bonds may be sold at private sale. No bond shall be sold for less than ninety-five percent of the par value thereof. The money realized from said sale shall be
used only for the purpose of paying the indebtedness for which said refunding
bonds were issued. Any part or all of said issue of refunding bonds may be
exchanged for the indebtedness to be refunded; but the par value of the refunding
bonds exchanged shall not exceed the par value of the indebtedness refunded
thereby. All indebtedness so discharged, either by payment or exchange, shall
immediate
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Colorado § 37-43-147 (Sale of bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 35: p. 674, � 4. CSA: C. 90, � 524. CRS 53: � 149-3-46. C.R.S.
1963: � 150-3-46.
Nearby Sections
15
§ 37-1-101
Short title§ 37-1-102
Definitions§ 37-1-103
Liberal construction§ 37-1-104
Removal of officials for cause§ 37-1-105
Remedy by mandamus§ 37-1-106
Early hearings§ 37-1-107
Correction of faulty notices§ 37-1-108
Short forms and abbreviations§ 37-1-109
Repeal - saving clause§ 37-2-102
Petition§ 37-2-103
Bond of petitioners§ 37-2-104
Notice of hearing on petition§ 37-20-101
Legislative declaration