The committee may issue interim securities, which may be designated "bonds", "notes", or "warrants", evidencing any emergency loans, construction loans, and other temporary loans of not exceeding three years, in supplementation of long-term financing, such interim securities to be funded with the proceeds of long-term securities, net pledged revenues, or further interim securities, or any combination thereof, as the committee may determine.
Source: L. 75: Entire article added, p. 783, § 1, effective July 1.
Structure Colorado Code
Title 23 - Postsecondary Education
Article 71 - Local District Colleges
Part 7 - Local District Colleges - Revenue Securities Law
§ 23-71-703. Power to Issue Securities
§ 23-71-704. Interim Securities
§ 23-71-705. Terms of Securities
§ 23-71-706. Payable From Special Fund
§ 23-71-707. Recital of Regularity
§ 23-71-708. Committee Determination Conclusive
§ 23-71-709. No Impairment of Contract