Colorado § 43-3-204 - Bond details.
Full text of Colorado Colorado Revised Statutes § 43-3-204 — Bond details., with citation guidance and answers to common questions.
§ 43-3-204. Bond details.
All bonds issued under the provisions of this part 2 shall bear interest at a rate not exceeding a maximum net effective rate authorized by resolution of the transportation commission on the face value of the issue of bonds and shall be in such form and executed in such manner and shall be payable at such times extending not more than thirty years from the date thereof, shall contain the provisions for prior redemption, and shall be payable at such places as the department of transportation determines. The bonds shall be sold at public or private sale on such terms as the department of transportation may determine. In case any of the officers whose signatures or countersignatures appear on the bonds or the coupons attached thereto cease to be officers before delivery of the bonds, the signatures and countersignatures shall nevertheless be valid and sufficient for all purposes with the same force and effect as if they had remained in office until the delivery. The bonds shall contain on their face the designation of the project as determined by the department of transportation and in anticipation of the revenues of which the same are issued. All bonds issued under the provisions of this part 2 shall have and are declared to have all the qualities and incidents of negotiable instruments under the law of the state.
Source: L. 49: p. 604, § 4. CSA: C. 143, § 125(4). CRS 53: § 120-8-4. L. 56, Ex. Sess.: p. 38, § 5. C.R.S. 1963: § 120-8-4. L. 84: Entire section amended, p. 1113, § 3, effective April 9. L. 91: Entire section amended, p. 1114, § 164, effective July 1. L. 96: Entire section amended, p. 463, § 4, effective April 23.
Cross references: For negotiable instruments, see article 3 of title 4.
Frequently Asked Questions About Colorado § 43-3-204
What does Colorado Revised Statutes § 43-3-204 cover?
Section 43-3-204 ("Bond details.") 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 § 43-3-204?
A common citation format is "Colorado Revised Statutes § 43-3-204" (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 § 43-3-204 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.