C.R.S. Section 37-42-123
Rescission of action authorizing bonds


If the landowners of an irrigation district desire to rescind their action authorizing an issue of bonds, they may do so as to any such entire issue remaining unsold in the hands of the board of directors in the same manner as such issue was authorized and upon an affirmative vote of the majority of the total voting strength of the district, whereupon the board of directors shall cancel or destroy said bonds and shall enter that fact, reciting the numbers of such bonds so canceled or destroyed, in the minutes of their proceedings.

Source: Section 37-42-123 — Rescission of action authorizing bonds, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-37.­pdf (accessed Oct. 20, 2023).

37‑42‑101
Petition for organization - schedule - bond
37‑42‑102
Date of hearing - notice
37‑42‑103
Preliminary report
37‑42‑104
Hearing - adjournments
37‑42‑105
Adverse report - investigations
37‑42‑106
Notice of organization meeting and election
37‑42‑107
Organization - meeting - voting
37‑42‑108
Directors - election
37‑42‑109
Directors to file map
37‑42‑110
Directors to organize - powers
37‑42‑111
Meetings of directors - notice
37‑42‑112
District elections - definition
37‑42‑113
Powers of district - loans for improvements - rules
37‑42‑114
Landowners - definition - evidence of ownership
37‑42‑115
Land board as landowner
37‑42‑117
Directors to adopt plans
37‑42‑118
Bond election - ballots
37‑42‑120
Additional bonds
37‑42‑121
Sale of bonds - notice
37‑42‑122
Bonds - assessments
37‑42‑123
Rescission of action authorizing bonds
37‑42‑124
Construction of works - bids - notice - contract - bond
37‑42‑125
Fiscal year - appropriation resolution
37‑42‑126
Assessment of lands - valuation
37‑42‑127
Levy to pay interest and expenses
37‑42‑128
Collection of assessments
37‑42‑130
Call of bonds - surplus fund
37‑42‑131
Payment of general expenses
37‑42‑132
Relief from bonded indebtedness
37‑42‑133
Exclusion of land from district
37‑42‑134
Inclusion of land in district
37‑42‑135
District to lease surplus water
37‑42‑136
Drainage of lands - surveys
37‑42‑137
Sale of surplus water - proceeds
37‑42‑138
Confirmation of organization and bonds
37‑42‑139
Dissolution of district - election
37‑42‑140
Districts organized after April 7, 1921
37‑42‑141
Ratification of irrigation district
Green check means up to date. Up to date

Current through Fall 2024

§ 37-42-123’s source at colorado​.gov