Colorado § 35-65-306 - Provision of bond resolution - covenants.

Full text of Colorado Colorado Revised Statutes § 35-65-306 — Provision of bond resolution - covenants., with citation guidance and answers to common questions.

§ 35-65-306. Provision of bond resolution - covenants.

(1) A resolution pertaining to issuance of bonds under this part 3 may contain covenants as to:

(a) The purpose to which the proceeds of sale of the bonds may be applied and to the use and disposition thereof;

(b) The use and disposition of the revenues of the project for which the bonds are to be issued;

(c) Such matters as are customary in the issuance of revenue bonds including without limitation the issuance and lien position of other or additional bonds, payable from the net revenue received for the operation of the additional facilities acquired or provided pursuant to this part 3 and contributions from nonstate sources for such facilities;

(d) Books of account and the inspection and audit thereof.

(2) Any resolution made pursuant to the terms of this part 3 shall be deemed a contract with the holders of the bonds, and the duties of the board under such resolution shall be enforceable by any appropriate action in a court of competent jurisdiction.

Source: L. 75: Entire part added, p. 1355, § 1, effective July 14. L. 83: (2) amended, p. 1372, § 10, effective June 2. L. 89: (1)(c) R&RE, p. 1414, § 7, effective July 1. L. 97: (1)(c) amended, p. 818, § 9, effective June 30.

Source: official Colorado text · Last verified 2026-08-27

Frequently Asked Questions About Colorado § 35-65-306

What does Colorado Revised Statutes § 35-65-306 cover?

Section 35-65-306 ("Provision of bond resolution - covenants.") 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 § 35-65-306?

A common citation format is "Colorado Revised Statutes § 35-65-306" (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 § 35-65-306 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.