The determination of the board that the limitations under sections 32-7-125 to 32-7-128 imposed upon the issuance of refunding bonds have been met shall be conclusive in the absence of fraud or unless it can be shown that the board acted in an arbitrary or capricious manner.
Source: L. 72: p. 471, § 1. C.R.S. 1963: § 89-25-29.
Structure Colorado Code
Article 7 - Regional Service Authorities
§ 32-7-102. Legislative Declaration
§ 32-7-104. Territorial Requirements for Service Authorities
§ 32-7-105. Petition or Resolution for Formation - Designation of Services
§ 32-7-106. Priority of Petition or Resolution
§ 32-7-107. Court Appoints an Organizational Commission and Election Committee
§ 32-7-108. Service Authority Organizational Commission
§ 32-7-109. Election for Formation, Selection of Services, and Initial Board of Directors
§ 32-7-110. Board of Directors
§ 32-7-111. Designation of Services
§ 32-7-112. Local Authorization of Functions, Services, and Facilities
§ 32-7-114. Duties Related to Planning Powers
§ 32-7-116. Powers to Be Exercised Without Franchise - Condition
§ 32-7-117. Revenues of Service Authority - Collection
§ 32-7-118. Levy and Collection of Taxes
§ 32-7-119. Levies to Cover Deficiencies
§ 32-7-120. Power to Issue Revenue Bonds - Terms
§ 32-7-121. Power to Incur Indebtedness - Interest - Maturity - Denominations
§ 32-7-122. Debt Question Submitted to Electors - Resolution
§ 32-7-123. Effect - Subsequent Elections
§ 32-7-124. Correction of Faulty Notices
§ 32-7-126. Limitations Upon Issuance
§ 32-7-127. Use of Proceeds of Refunding Bonds
§ 32-7-128. Combination of Refunding and Other Bonds
§ 32-7-129. Board's Determination Final
§ 32-7-130. Anticipation Warrants
§ 32-7-131. Inclusion - Counties - Municipality - Existing Service Authority - Procedures
§ 32-7-132. Special Taxing Districts Authorized
§ 32-7-133. Formation of Special Taxing Districts
§ 32-7-134. Local Improvement Districts Authorized
§ 32-7-135. Procedures to Establish Local Improvement Districts
§ 32-7-136. Special Districts - Transfer of Responsibility
§ 32-7-137. Special Districts - Formation Within Service Authority Territory Forbidden
§ 32-7-138. Transfer and Assumption of Services
§ 32-7-139. Payments for Facilities Acquired by Regional Service Authority - Valuation
§ 32-7-140. Public Transportation
§ 32-7-141. Sewage Collection, Treatment, and Disposal
§ 32-7-142. Urban Drainage and Flood Control
§ 32-7-143. Assumption of Services by a Service Authority in the Denver Metropolitan Area