Colo. Rev. Stat. § 32-9-136

Current through 11/5/2024 election

Section 32-9-136 - Limitation upon payment

The payment of securities shall not be secured by any encumbrance, mortgage, or other pledge of property of the district, other than revenues, proceeds of sales taxes, or any other moneys pledged for the payment of the securities. No property of the district, subject to said exception, shall be liable to be forfeited or taken in payment of the securities.

C.R.S. § 32-9-136

L. 69: p. 723, § 1. C.R.S. 1963: § 89-20-36. L. 73: p. 994, § 14. L. 2000: Entire section amended, p. 309, § 10, effective April 5.