Colorado § 37-31-122 - Directors may sell bonds.
Full text of Colorado Colorado Revised Statutes § 37-31-122 — Directors may sell bonds., with citation guidance and answers to common questions.
§ 37-31-122. Directors may sell bonds.
The board of directors may sell bonds from time to time in such quantities as may be necessary and most advantageous to raise money to carry out the objects and purposes of this article. Before making any sale, the board, by resolution, shall declare its intention to sell a specified amount of bonds, and the day, hour, and place of such sale, and shall cause such resolution to be entered in the minutes and notice of the sale to be given by the publication thereof in two consecutive insertions in a daily newspaper published in said district, and in any other newspaper, at the discretion of the board.
Source: L. 23: p. 301, § 50. CSA: C. 57, § 176. CRS 53: § 47-12-50. C.R.S. 1963: § 47-12-50.
Cross references: For publication of legal notices, see part 1 of article 70 of title 24.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 37-31-122
What does Colorado Revised Statutes § 37-31-122 cover?
Section 37-31-122 ("Directors may sell 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 § 37-31-122?
A common citation format is "Colorado Revised Statutes § 37-31-122" (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 § 37-31-122 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.