Colorado § 32-11-563 - Funding bonds.
Full text of Colorado Colorado Revised Statutes § 32-11-563 — Funding bonds., with citation guidance and answers to common questions.
§ 32-11-563. Funding bonds.
(1) For the purpose of funding any interim debentures, any bonds pledged as collateral security to secure the payment of such interim debentures, upon their surrender as pledged property, may be reissued without an election, and any bonds not previously issued but authorized to be issued at an election pursuant to section 32-11-533 for a purpose the same as or encompassing the purpose for which the interim debentures were issued, may be issued for such a funding.
(2) Any such bonds shall mature at such time as the board may determine, except as otherwise provided in section 32-11-551.
(3) Bonds for funding (including but not necessarily limited to any such reissued bonds) and bonds for any other purpose may be issued separately or issued in combination in one series or more.
(4) Except as otherwise provided in sections 32-11-559 to 32-11-563, any such funding bonds shall be issued as is provided in this article for other bonds.
Source: L. 69: p. 782, § 105. C.R.S. 1963: § 89-21-105.
Frequently Asked Questions About Colorado § 32-11-563
What does Colorado Revised Statutes § 32-11-563 cover?
Section 32-11-563 ("Funding bonds.") 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 § 32-11-563?
A common citation format is "Colorado Revised Statutes § 32-11-563" (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 § 32-11-563 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.