Colorado § 26-12-116 - Obligations limited.
Full text of Colorado Colorado Revised Statutes § 26-12-116 — Obligations limited., with citation guidance and answers to common questions.
§ 26-12-116. Obligations limited.
(1) Nothing in sections 26-12-110 to 26-12-118 shall be construed as to authorize the state department to incur any obligation of any kind or nature except such as shall be payable solely from moneys accruing to the special sinking fund account created pursuant to section 26-12-112.
(2) It shall be plainly stated on the face of each anticipation warrant that it has been issued under the provisions of sections 26-12-110 to 26-12-118 and that it does not constitute an indebtedness of the general fund of the state within the meaning of any constitutional provision or limitation.
Source: L. 98: Entire article R&RE, p. 189, § 1, effective April 10.
Editor's note: This section is similar to former § 26-12-114 as it existed prior to 1998.
Frequently Asked Questions About Colorado § 26-12-116
What does Colorado Revised Statutes § 26-12-116 cover?
Section 26-12-116 ("Obligations limited.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 26-12-116?
A common citation format is "Colorado Revised Statutes § 26-12-116" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 26-12-116 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.