If the board of directors of any drainage district issuing or intending to issue refunding bonds desires to obtain the constructive consent of unknown and nonconsenting holders of bonds or claims for interest thereon desired to be retired or refunded under this article, such board of directors, before selling or otherwise disposing of any such refunding bonds, shall declare by resolution its intention of selling or otherwise disposing of the same and shall cause such resolution to be entered on its minutes and shall cause notice of sale or other disposition to be given by publication thereof at least once a week for four consecutive weeks in three newspapers published in the state of Colorado, one of which shall be a newspaper published in the city of Denver and one of which shall be a newspaper published in the county in which the office of the board of directors is situated.
Source: L. 33: p. 454, § 7. CSA: C. 57, § 101. CRS 53: § 47-7-7. C.R.S. 1963: § 47-7-7.
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