If it is found to be in the best interest of the school district, the board of education of the school district may issue such bonds and accept therefor less than their face value.
Source: L. 64: R&RE, p. 554, § 1. C.R.S. 1963: § 123-11-17. L. 70: p. 336, § 11. L. 2010: Entire section amended, (HB 10-1013), ch. 399, p. 1899, § 6, effective June 10.
Structure Colorado Code
Article 42 - Bonded Indebtedness
§ 22-42-102. Bonded Indebtedness - Elections
§ 22-42-103. Limitations on Elections
§ 22-42-104. Limit of Bonded Indebtedness
§ 22-42-114. Board May Issue Bonds - Exemption From Colorado Income Tax
§ 22-42-116. Sale at Less Than Par - Discount
§ 22-42-117. Board to Certify Needed Revenues
§ 22-42-118. Tax Levy to Pay Principal and Interest
§ 22-42-119. Bond Fund - Payment and Redemption
§ 22-42-121. Registration of Bonds
§ 22-42-122. Changes in Boundaries - Liability
§ 22-42-125. Public Disclosure of Terms of Sale