Colorado § 32-9-123.5 - Prohibition on borrowing by district.
Full text of Colorado Colorado Revised Statutes § 32-9-123.5 — Prohibition on borrowing by district., with citation guidance and answers to common questions.
§ 32-9-123.5. Prohibition on borrowing by district.
Notwithstanding any other provision of this article, the district shall not borrow money for the purpose of acquisition, construction, continuing construction, or operation of mass transit facilities during the period from January 1, 1990, through May 9, 1990, and, during such time period, the district shall not issue any district securities evidencing such borrowing.
Source: L. 90: Entire section added, p. 1514, § 1, effective April 3.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 32-9-123.5
What does Colorado Revised Statutes § 32-9-123.5 cover?
Section 32-9-123.5 ("Prohibition on borrowing by district.") 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 § 32-9-123.5?
A common citation format is "Colorado Revised Statutes § 32-9-123.5" (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 § 32-9-123.5 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.