Colorado § 44-32-707 Agreement of this state

Colorado Statutes

§ 44-32-707 — Agreement of this state

Colorado § 44-32-707

Title 44Revenue -

Art.Racing

This text of Colorado § 44-32-707 (Agreement of this state) 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. § 44-32-707 (2026).

Text

In the event any county or municipality
development revenue bonds are issued in reliance on the provisions of this article
32, the state of Colorado does hereby covenant and agree with the holders of any
such bonds that the state will not limit or alter the rights or powers of the owners of
the bonds or to repeal, amend, or otherwise directly or indirectly modify this article
32 or the effect thereof as to the assessments, fees, charges, pledged revenues, or
any combination thereof in such a manner as to impair adversely any such
outstanding bonds, until all such bonds have been paid and discharged in full or
provision for their payment and redemption has been fully made. The covenant and
agreement may be included in any agreement with the holders of the bonds.

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In the event any county or municipality
development revenue bonds are issued in reliance on the provisions of this article
32, the state of Colorado does hereby covenant and agree with the holders of any
such bonds that the state will not limit or alter the rights or powers of the owners of
the bonds or to repeal, amend, or otherwise directly or indirectly modify this article
32 or the effect thereof as to the assessments, fees, charges, pledged revenues, or
any combination thereof in such a manner as to impair adversely any such
outstanding bonds, until all such bonds have been paid and discharged in full or
provision for their payment and redemption has been fully made. The covenant and
agreement may be included in any agreement with the holders of the bonds.