Any interest charged and collected by a financial institution on any loan made to the Cumbres and Toltec scenic railroad commission is exempt from all taxes imposed by the state and its political subdivisions.
Source: L. 90: Entire section added, p. 1259, § 1, effective July 1.
Structure Colorado Code
Article 60 - Interstate Compacts and Agreements
Part 19 - Ratification of the Cumbres and Toltec Scenic Railroad Compact
§ 24-60-1901. Ratification of Compact
§ 24-60-1902. Interstate Agency Created
§ 24-60-1903. Appointment of Members of Compact Commission
§ 24-60-1904. Payment of Expenses of Compact Commission
§ 24-60-1905. Commissioners Exempt From Civil Liability
§ 24-60-1906. Commission - Authority to Borrow Money - Authority to Accept Funds