The authority is hereby declared to be a public instrumentality of the state, performing a public function for the benefit of the people of the state for the improvement of their health and living conditions. Accordingly, the income or other revenues of the authority, all properties at any time owned by the authority, any bonds, notes, or other obligations issued under this article, the transfer thereof and the income therefrom, including any profit made on the sale thereof, and all mortgages, leases, trust indentures, and other documents issued in connection therewith shall be exempt at all times from all taxation and assessments in the state of Colorado. Bonds issued by the authority shall also be exempt from the "Colorado Securities Act", article 51 of title 11, C.R.S.
Source: L. 77: Entire article added, p. 1316, § 1, effective July 1. L. 90: Entire section amended, p. 741, § 7, effective July 1.
Structure Colorado Code
Title 25 - Public Health and Environment
Article 25 - Colorado Health Facilities Authority
§ 25-25-102. Legislative Declaration
§ 25-25-105. Organization Meeting - Chair - Executive Director - Surety Bond - Conflict of Interest
§ 25-25-106. Meetings of Board - Quorum - Expenses
§ 25-25-107. General Powers of Authority
§ 25-25-108. Acquisition of Property
§ 25-25-111. Negotiability of Bonds
§ 25-25-112. Security for Bonds and Notes
§ 25-25-113. Personal Liability
§ 25-25-115. Procedure Concerning Issuance of Bonds
§ 25-25-116. Trust Agreement to Secure Bonds
§ 25-25-117. Payment of Bonds - Nonliability of State
§ 25-25-118. Exemption From Taxation - Securities Law
§ 25-25-119. Rents and Charges
§ 25-25-121. Conveyance of Title - Release of Lien
§ 25-25-122. Investment of Funds
§ 25-25-123. Proceeds as Trust Funds
§ 25-25-124. Agreement of State Not to Limit or Alter Rights of Obligees
§ 25-25-125. Enforcement of Rights of Bondholders
§ 25-25-126. Bonds Eligible for Investment
§ 25-25-127. Account of Activities - Receipts for Expenditures - Report - Audit
§ 25-25-128. Federal Social Security Act
§ 25-25-129. Powers of Authority Not Restricted - Law Complete in Itself
§ 25-25-130. Powers in Addition to Those Granted by Other Laws