Colorado Code
Article 115 - Financing of Critical State Needs
§ 24-115-118. Voter Approval Required

Notwithstanding any other provision of this article, the corporation, the department, the board, and the executive director shall have the authority to issue notes and otherwise exercise the powers specified in this article only if voters statewide approve House Bill 05-1194, enacted at the first regular session of the sixty-fifth general assembly, at the November 2005 statewide election.
Source: L. 2005: Entire article added, p. 756, § 1, effective June 1.
Editor's note: House Bill 05-1194 was approved by the voters on November 1, 2005, and became effective upon the proclamation of the Governor, December 16, 2005. The vote count for the measure was as follows:
: FOR: : 600,222
: AGAINST: : 552,662

Structure Colorado Code

Colorado Code

Title 24 - Government - State

Article 115 - Financing of Critical State Needs

§ 24-115-101. Short Title

§ 24-115-102. Legislative Declaration

§ 24-115-103. Definitions

§ 24-115-104. Critical Needs Financing Corporation - Creation - Composition of Board of Directors - Powers

§ 24-115-105. Organizational Meeting - Chair - Personnel - Surety Note - Conflict of Interest

§ 24-115-106. Meetings of Board - Quorum - Expenses

§ 24-115-107. General Powers of Corporation

§ 24-115-108. Corporate Fiscal Year - Account of Activities and Receipts for Expenditures - Report - Audit

§ 24-115-109. Limitation on Power of Corporation to Declare Bankruptcy

§ 24-115-110. Critical Needs Notes - Issuance Schedule - Distribution of Note Proceeds

§ 24-115-111. Critical Needs Fund - Creation - Appropriations to Fund - Repayment of Notes From Fund

§ 24-115-112. Notes Legal Investments

§ 24-115-113. Exemption From Taxation

§ 24-115-114. No Action Maintainable

§ 24-115-115. Annual Reports

§ 24-115-116. Investments

§ 24-115-117. Construction of Article

§ 24-115-118. Voter Approval Required

§ 24-115-108. Corporate Fiscal Year - Account of Activities and Receipts for Expenditures - Report - Audit

§ 24-115-109. Limitation on Power of Corporation to Declare Bankruptcy

§ 24-115-110. Critical Needs Notes - Issuance Schedule - Distribution of Note Proceeds

§ 24-115-111. Critical Needs Fund - Creation - Appropriations to Fund - Repayment of Notes From Fund

§ 24-115-112. Notes Legal Investments

§ 24-115-113. Exemption From Taxation

§ 24-115-114. No Action Maintainable

§ 24-115-115. Annual Reports

§ 24-115-116. Investments

§ 24-115-117. Construction of Article

§ 24-115-118. Voter Approval Required