Whenever refunding bonds are authorized, the board of directors shall provide therefor by resolution designating the date, denomination, rate of interest, maturity, one or more places of payment within or without the state of Colorado, and the form of such bonds. Such bonds shall be executed by the president and attested by the secretary, countersigned by the district treasurer, and sealed with the seal of the district. The interest accruing on such bonds shall be evidenced by semiannual interest coupons bearing the original or facsimile signature of the president. The district treasurer shall make a record of all refunding bonds issued in a book to be kept in his office for that purpose.
Source: L. 33: p. 452, § 4. CSA: C. 57, § 98. CRS 53: § 47-7-4. C.R.S. 1963: § 47-7-4.
Structure Colorado Code
Title 37 - Water and Irrigation
§ 37-26-101. Refunding Bonds May Be Issued
§ 37-26-102. Refunding Bonds Issued - When
§ 37-26-104. Maturity and Form
§ 37-26-106. Refunding Bonds Exchanged - When
§ 37-26-107. Consent of Unknown Bondholders
§ 37-26-108. Bondholders to Offer to Exchange Bonds
§ 37-26-109. District to File Verified Return - Decree
§ 37-26-110. Bondholders Deemed to Have Notice
§ 37-26-111. Assessment to Pay Bonds and Interest
§ 37-26-112. Collection and Record of Assessment
§ 37-26-113. Assessments on a Parity With General Taxes
§ 37-26-114. Money Applied Proportionately - When
§ 37-26-115. Matured Bonds Used for Paying Assessments
§ 37-26-116. Construction of Article
§ 37-26-117. Manner of Releasing Lands From Lien