Colorado § 32-12-121 - Anticipation warrants.
Full text of Colorado Colorado Revised Statutes § 32-12-121 — Anticipation warrants., with citation guidance and answers to common questions.
§ 32-12-121. Anticipation warrants.
The board may defray any costs of the rail district by the issuance of notes or warrants to evidence the amount due therefor, in anticipation of taxes or revenues or both. Interest on such notes or warrants shall be governed by the provisions of section 5-12-104, C.R.S. Notes and warrants may mature at such time not exceeding one year from their date of issuance as the board may determine. If such notes or warrants are not paid during the fiscal year in which they are issued, the board shall, at the end of its fiscal year, budget the amount necessary to pay in full the amount of notes and warrants outstanding and due during the next fiscal year.
Source: L. 82: Entire article added, p. 515, § 1, effective April 23.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 32-12-121
What does Colorado Revised Statutes § 32-12-121 cover?
Section 32-12-121 ("Anticipation warrants.") 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 § 32-12-121?
A common citation format is "Colorado Revised Statutes § 32-12-121" (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 § 32-12-121 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.