The determination of the governing body that the provisions and limitations, in this article and any other applicable law, imposed upon the issuance of any bonds under this article, have been met shall be conclusive in the absence of fraud or arbitrary and gross abuse of discretion.
Source: L. 77: Entire article added, p. 592, § 1, effective July 1.
Structure Colorado Code
Title 11 - Financial Institutions
Article 56 - Public Securities Refunding Act
§ 11-56-102. Legislative Declaration - Applicability
§ 11-56-104. Purpose of Refunding
§ 11-56-104.5. Disclosures by Underwriters of Financial Matters Related to Refunding
§ 11-56-105. General Provisions - Limitations
§ 11-56-106. Refunding With Bonds of Another Type
§ 11-56-108. Application of Bond Proceeds - Procedures - Limitations
§ 11-56-109. Proceeds of Refunding Bonds in Escrow - Investment - Security - Amounts
§ 11-56-110. Sources of Payment - Limitations
§ 11-56-111. Combination of Refunding Bonds and Other Bonds - Limitations
§ 11-56-112. Special Obligation Refunding Bonds
§ 11-56-113. Tax Exemption - Exceptions
§ 11-56-114. Conclusive Determination of Governing Body That Statutory Limitations Have Been Met
§ 11-56-115. Prior Obligations Not Impaired