Colorado § 29-15-104 - Issuance of tax anticipation notes.
Full text of Colorado Colorado Revised Statutes § 29-15-104 — Issuance of tax anticipation notes., with citation guidance and answers to common questions.
§ 29-15-104. Issuance of tax anticipation notes.
(1) Any public body may issue, from time to time, tax anticipation notes without an election if its governing body determines that the taxes to be received by the public body will not be received in time to pay the public body's projected budgeted expenses. Such tax anticipation notes shall be issued in anticipation of the collection of taxes estimated by the governing body to be received within its then current fiscal year.
(2) (a) Tax anticipation notes shall be both issued and made payable within the fiscal year for which such taxes are levied.
(b) The provisions of this subsection (2) limiting the term of tax anticipation notes shall not apply to tax anticipation notes issued by school districts on and after January 1, 1992.
(3) Tax anticipation notes may be paid from the proceeds of ad valorem taxes on real and personal property, investment proceeds on the ad valorem taxes, or the proceeds from the tax anticipation notes.
Source: L. 85: Entire article added, p. 1055, § 1, effective June 6. L. 90: (2) amended, p. 1084, § 46, effective May 31.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 29-15-104
What does Colorado Revised Statutes § 29-15-104 cover?
Section 29-15-104 ("Issuance of tax anticipation notes.") 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 § 29-15-104?
A common citation format is "Colorado Revised Statutes § 29-15-104" (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 § 29-15-104 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.