C.R.S. Section 30-26-305
Sale of bonds

  • rate
  • redemption
  • cancellation
The board of county commissioners has the right to sell any of such bonds, but no bond shall be sold unless for cash, and not then at a discount of more than fifteen percent of its par value. The money arising from the sale of such bonds shall be forthwith used for the objects for which the debt was created, and for no other purpose whatever. When any such bonds or any coupons are redeemed, the board of county commissioners, in the presence of the clerk of said board or his deputy, shall cancel such bonds or coupons by writing the word “canceled” on the face of such bonds or coupons, and such board shall make a record of the proceedings, stating what bonds or coupons were canceled.

Source: Section 30-26-305 — Sale of bonds - rate - redemption - cancellation, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-30.­pdf (accessed Oct. 20, 2023).

30‑26‑101
Exchange of warrants for bonds - notice 30‑26‑102
Election on bond issue - duties of judges 30‑26‑103
Officers to proceed as authorized after election 30‑26‑104
Bonds - how executed 30‑26‑105
Form of bonds - redemption fund 30‑26‑106
Redemption - order of payment - notice 30‑26‑201
Fund or refund liabilities 30‑26‑202
County shall assume payment of bonds 30‑26‑301
Creation of debt for buildings, roads - election - definitions 30‑26‑302
Bond issue - limitation - interest - redemption 30‑26‑303
Redemption - notice - interest - order of payment 30‑26‑304
Bonds - signed - attested - sealed - denomination - amount 30‑26‑305
Sale of bonds - rate - redemption - cancellation 30‑26‑401
Refunding bonds authorized 30‑26‑402
Issuance - no election 30‑26‑403
Resolution for issue - form of bonds - coupons - term 30‑26‑404
Disposition of bonds - outstanding canceled 30‑26‑405
Interest - how paid - redemption fund 30‑26‑406
No repeal or alteration of resolution 30‑26‑501
Short title 30‑26‑502
Legislative declaration 30‑26‑503
Definitions 30‑26‑504
Authority for establishment of county capital improvement trust funds 30‑26‑505
Bonds - issuance - terms 30‑26‑506
Pledge of revenues, funds, or other property lien 30‑26‑507
Personal liability 30‑26‑508
Bonds - exempt from taxation 30‑26‑509
Annual audit 30‑26‑510
Bonds - eligible for investment 30‑26‑511
Agreement of counties 30‑26‑512
Effect on inconsistent acts and rules and regulations 30‑26‑513
Construction of this part 5
Green check means up to date. Up to date

Current through Fall 2024

§ 30-26-305’s source at colorado​.gov