Colorado § 31-35-513 - Financial powers of municipality.
Full text of Colorado Colorado Revised Statutes § 31-35-513 — Financial powers of municipality., with citation guidance and answers to common questions.
§ 31-35-513. Financial powers of municipality.
(1) The municipality, acting by and through the board, also has the following powers:
(a) To borrow money and to issue municipal securities evidencing any loan to or amount due by the municipality, to provide for and secure the payment of any municipal securities and the rights of the holders thereof, and to purchase, hold, and dispose of municipal securities; and
(b) To fund or refund any loan or obligation of the municipality and to issue funding or refunding securities to evidence such loan or obligation without any election.
Source: L. 75: Entire title R&RE, p. 1264, § 1, effective July 1.
Editor's note: This section is similar to former § 31-35-430 as it existed prior to 1975.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 31-35-513
What does Colorado Revised Statutes § 31-35-513 cover?
Section 31-35-513 ("Financial powers of municipality.") 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 § 31-35-513?
A common citation format is "Colorado Revised Statutes § 31-35-513" (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 § 31-35-513 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.