Colorado Statutes
§ 43-4-516 — Agreement of the state not to limit or alter rights of obligees
Colorado § 43-4-516
This text of Colorado § 43-4-516 (Agreement of the state not to limit or alter rights of obligees) 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. § 43-4-516 (2026).
Text
The state hereby pledges and agrees with the holders of any bonds issued under
this part 5 and with those parties who enter into contracts with the authority or any
member of the combination pursuant to this part 5 that the state will not limit, alter,
restrict, or impair the rights vested in the authority or the rights or obligations of
any person with which it contracts to fulfill the terms of any agreements made
pursuant to this part 5. The state further agrees that it will not in any way impair the
rights or remedies of the holders of any bonds of the authority until such bonds
have been paid or until adequate provision for payment has been made. The
authority may include this provision and undertaking for the state in such bonds.
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Legislative History
Source: L. 87: Entire part added, p. 1855, � 1, effective August 27.
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Transportation advisory committeeCite This Page — Counsel Stack
Bluebook (online)
Colorado § 43-4-516, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/43/43-4-516.