Colorado § 41-5-106 - Rights of holders.
Full text of Colorado Colorado Revised Statutes § 41-5-106 — Rights of holders., with citation guidance and answers to common questions.
§ 41-5-106. Rights of holders.
(1) Any holder of any issue of bonds or any holder of bonds, subject to any contractual limitations therein, and for the equal benefit and protection of all holders of bonds similarly situated, has the following rights and powers:
(a) By mandamus or other suit, action, or proceeding at law or in equity, to enforce his and other such holders' rights against the county and its governing body to require and compel such county or governing body to perform and carry out its duties and obligations under this article and its covenants and agreements with the bondholders; and
(b) By action or suit in equity, to require the county and the governing body thereof to account as if they were the trustee of an express trust.
(2) No right or remedy conferred by this article upon any holder of bonds is intended to be exclusive of any other right or remedy, but each such right or remedy is cumulative and in addition to every other right or remedy and may be exercised without exhausting and without regard to any other remedy conferred by this article or by any other law.
Source: L. 65: p. 470, § 1. C.R.S. 1963: § 36-21-6.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 41-5-106
What does Colorado Revised Statutes § 41-5-106 cover?
Section 41-5-106 ("Rights of holders.") 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 § 41-5-106?
A common citation format is "Colorado Revised Statutes § 41-5-106" (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 § 41-5-106 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.