Colorado § 32-11-560 - Interim debenture details.
Full text of Colorado Colorado Revised Statutes § 32-11-560 — Interim debenture details., with citation guidance and answers to common questions.
§ 32-11-560. Interim debenture details.
(1) Any interim debentures may mature at such time not exceeding a period of time equal to the estimated time needed to effect the purpose for which they are issued or for which the bonds are authorized to be issued, but not exceeding three years from the date or respective dates of the interim debentures, as the board may determine.
(2) The proceeds of interim debentures shall be used to defray the cost of the project.
(3) Any notes or warrants or both may be funded with the proceeds of interim debentures, as well as bonds.
(4) Except as otherwise provided in sections 32-11-558 to 32-11-563, interim debentures shall be issued as provided in this article for district securities in sections 32-11-502 to 32-11-557 and 32-11-803 to 32-11-808.
Source: L. 69: p. 781, § 102. C.R.S. 1963: § 89-21-102.
Frequently Asked Questions About Colorado § 32-11-560
What does Colorado Revised Statutes § 32-11-560 cover?
Section 32-11-560 ("Interim debenture details.") 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 § 32-11-560?
A common citation format is "Colorado Revised Statutes § 32-11-560" (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 § 32-11-560 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.