The resolution authorizing the issuance of any district securities or any indenture pertaining thereto shall describe the purpose for which the securities are issued at least in general terms and may describe any purpose in detail.
Source: L. 69: p. 771, § 66. C.R.S. 1963: § 89-21-66.
Structure Colorado Code
Article 11 - Urban Drainage and Flood Control Act
Part 5 - Indebtedness and Financial Provisions
§ 32-11-501. Forms of Borrowing
§ 32-11-502. Limitations Upon Security
§ 32-11-503. Recourse Against District Personnel
§ 32-11-504. Repeal of Article
§ 32-11-505. Registration of Securities
§ 32-11-506. Details of Securities
§ 32-11-507. Recital of Issuance Under Article
§ 32-11-508. Additional Securities Details
§ 32-11-509. Payment Without Further Order
§ 32-11-511. Execution of Securities
§ 32-11-512. Use of Facsimiles
§ 32-11-513. Execution by Incumbents
§ 32-11-514. Execution With Predecessor's Facsimile
§ 32-11-515. Repurchase of Securities
§ 32-11-516. Use of Securities Proceeds
§ 32-11-517. Use of Surplus Proceeds
§ 32-11-518. Validity of Securities Unaffected by Project
§ 32-11-519. Employment of Experts
§ 32-11-520. Investments and Reinvestments
§ 32-11-521. Rights and Remedies Cumulative
§ 32-11-522. Continuation of Liabilities
§ 32-11-524. Statement of Purpose
§ 32-11-525. Prior Redemption Calls
§ 32-11-526. Surrender of District Securities by State
§ 32-11-527. Notes and Warrants
§ 32-11-528. General Obligation Securities
§ 32-11-529. Special Obligation Securities
§ 32-11-530. Covenant to Pay Operation and Maintenance Expenses
§ 32-11-531. Securities Constituting Indebtedness
§ 32-11-532. Securities Not Constituting Indebtedness
§ 32-11-533. Election to Authorize Debt
§ 32-11-534. Limitations Upon Incurring Debt
§ 32-11-535. Interest and Prior Redemption Charges
§ 32-11-536. Recitals in Securities
§ 32-11-537. Consolidated Bond Fund
§ 32-11-538. Securities Tax Levies
§ 32-11-540. Payments From General Fund
§ 32-11-541. Use of Other Moneys
§ 32-11-542. Appropriation of Taxes
§ 32-11-543. Special Obligation Limitations
§ 32-11-544. Purchase Price and Interest
§ 32-11-545. Public and Private Sales
§ 32-11-546. Notice of Public Sale
§ 32-11-547. Contents of Sale Notice
§ 32-11-549. Acceptance of Best Bid
§ 32-11-550. Rejection of Bids
§ 32-11-552. Prior Redemption Provisions
§ 32-11-553. Special Funds and Accounts
§ 32-11-554. Covenants and Other Provisions
§ 32-11-555. Liens on Pledged Revenues
§ 32-11-556. Rights and Powers of Securities Holders
§ 32-11-558. Issuance of Interim Debentures
§ 32-11-559. Limitations Upon Funding and Refunding Securities
§ 32-11-560. Interim Debenture Details
§ 32-11-561. Payment of Interim Debentures
§ 32-11-562. Funding Interim Debentures
§ 32-11-565. Method of Issuing Refunding Bonds
§ 32-11-566. Conditions for Refunding
§ 32-11-567. Disposition of Refunding Bond Proceeds
§ 32-11-568. Administration of Escrow or Trust
§ 32-11-569. Security for Payment of Refunding Bonds