Nothing in this part 7 shall be construed as a restriction or limitation upon any other powers which the authority might otherwise have under any other law of this state, and this part 7 is cumulative to any such powers. This part 7 does and shall be construed to provide a complete, additional, and alternative method for the doing of the things authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws. However, the issuance of bonds, notes, and other obligations and refunding bonds under the provisions of this part 7 need not comply with the requirements of any other state law applicable to the issuance of bonds, notes, and other obligations. No proceedings, notice, or approval shall be required for the issuance of any bonds, notes, or other obligations or any instrument as security therefor, except as is provided in this part 7.
Source: L. 75: Entire section added, p. 983, § 14, effective April 9.
Editor's note: This section was enacted as § 29-4-727 in House Bill 75-1026 but was renumbered on revision in the 1977 replacement volume for ease of location.
Structure Colorado Code
Part 7 - Housing and Business Development and Financing
§ 29-4-702. Legislative Declaration
§ 29-4-703. Definitions - Rules
§ 29-4-704. Colorado Housing and Finance Authority
§ 29-4-704.5. Reference in Contracts and Documents
§ 29-4-707. Disclosure of Interests Required
§ 29-4-708. General Powers of the Authority - Repeal
§ 29-4-709. Power of Board - Housing Facility Plans
§ 29-4-710.5. Powers of the Board - Lease, Sale, or Financing of Projects
§ 29-4-710.6. Powers of the Board - Loans for Capital
§ 29-4-711. Power of Board - Housing Facility Plans - Mortgage Purchase - Loans to Lenders
§ 29-4-713. Power of the Board - Home Improvement Loans
§ 29-4-714. Powers of the Board - Home Improvement Loans - Purchase of Such Loans - Loans to Lenders
§ 29-4-716. Standards for Approval of Organizations
§ 29-4-717. Findings - Percentage of Low-Income Families Required
§ 29-4-719.1. Economic Development Fund
§ 29-4-720. Validity of Any Pledge
§ 29-4-722. Negotiable Instruments
§ 29-4-723. Bonds Eligible for Investment
§ 29-4-725. Nonliability of State for Bonds
§ 29-4-726. Members of Authority Not Personally Liable on Bonds
§ 29-4-727. Property Taxation - Exemption of Bonds From Taxation
§ 29-4-728. Revolving Fund Established
§ 29-4-730. Powers of the Authority - Investments
§ 29-4-731. Agreement of This State
§ 29-4-732. This Part 7 Not a Limitation of Powers