This part 5 shall operate to supply such legislative authority as may be necessary to validate any securities issued, other contracts executed by districts, and any acts and proceedings taken prior to February 12, 1962, appertaining to the issuance of securities or execution of other contracts by districts or otherwise, which the legislature could have supplied or provided for in the law under which such securities were issued, or such other contracts were executed and such acts or proceedings were taken; but this part 5 shall be limited to the validation of securities, other contracts, acts, and proceedings to the extent to which the same can be effectuated under the state and federal constitutions. This part 5, shall not operate to validate, ratify, approve, confirm, or legalize any bond or other security, other contract, act, proceedings, or other matter the legality of which is being contested or inquired into in any legal proceedings pending and undetermined on February 12, 1962, and shall not operate to confirm, validate, or legalize any bond or other security, other contract, act, proceedings, or other matter which has been determined in any legal proceedings to be illegal, void, or ineffective prior to February 12, 1962.
Source: L. 62: p. 224, § 16. C.R.S. 1963: § 89-15-47.
Structure Colorado Code
Article 4 - Water and Sanitation Districts
Part 5 - Metropolitan Sewage Disposal Districts
§ 32-4-501. Legislative Declaration
§ 32-4-503. Liberal Construction
§ 32-4-504. Sufficiency of Part 5
§ 32-4-505. Limitation on Scope of Part 5
§ 32-4-506. Purpose, Boundaries, and Powers
§ 32-4-507. Powers of Public Bodies
§ 32-4-509. Board of Directors
§ 32-4-510. Powers of the District
§ 32-4-511. Levy and Collection of Taxes
§ 32-4-512. Boundary Changes - Liability of Property
§ 32-4-513. Inclusion of Territory
§ 32-4-514. Annexation and Consolidation of Territory by Municipalities
§ 32-4-515. Exclusion of Territory
§ 32-4-516. Service of Areas Outside the Boundaries of the District
§ 32-4-517. Dissolution of Districts
§ 32-4-520. Correction of Faulty Notices
§ 32-4-522. Rates and Service Charges
§ 32-4-524. Payment of Securities
§ 32-4-525. Incontestable Recital in Securities
§ 32-4-527. Sale of Securities
§ 32-4-528. Application of Proceeds
§ 32-4-529. Covenants in Security Proceedings
§ 32-4-530. Remedies of Security Holders
§ 32-4-531. Cancellation of Paid Securities
§ 32-4-532. Interest After Maturity
§ 32-4-534. Cumulative Rights of Security Holders
§ 32-4-535. Issuance of Notes and Pledge of Bonds as Collateral Security
§ 32-4-536. Connections With Existing Drains and Pumping Stations
§ 32-4-537. Connections With Drains Serving Property - Service Charges
§ 32-4-538. Construction of Other Sewage Disposal Systems Prohibited
§ 32-4-540. Confirmation of Contract Proceedings
§ 32-4-541. Preliminary Expenses
§ 32-4-543. Freedom From Judicial Process
§ 32-4-544. Legal Investments in Securities