The state of Colorado pledges and agrees with the owners of any bonds to which an allocation of the state ceiling has been granted under this part 17 that the state will not retroactively alter the allocation of the state ceiling to the qualified issuing authority for such bonds.
Source: L. 87: Entire part added, p. 996, § 1, effective May 20.
Structure Colorado Code
Article 32 - Department of Local Affairs
Part 17 - Private Activity Bond Ceiling Allocation
§ 24-32-1702. Legislative Declaration
§ 24-32-1704. Allocation of State Ceiling
§ 24-32-1705. Allocations to State Issuing Authorities
§ 24-32-1706. Allocations to Designated Local Issuing Authorities
§ 24-32-1707. Statewide Balance
§ 24-32-1708. Bond Issuance and Mortgage Credit Certificate Election - Reporting Requirement
§ 24-32-1709. Application for Allocation From Statewide Balance
§ 24-32-1710. Notifications and Validity of Allocations From the Statewide Balance
§ 24-32-1711. Statewide Balance Carryforward Allocations
§ 24-32-1712. Time Period Must End on Business Day
§ 24-32-1713. Effect of Mortgage Credit Certificate Election or Issuance of Bonds Without Allocation