Before receiving the assessment record, the treasurer of each county in which lands or other property of the district is located shall execute to the conservancy district a bond with at least two good and sufficient sureties, or a corporate surety company, the cost of which shall be paid by the district in a sum not less than the probable amount to be collected by him, and which he may have in his custody for the district at any one time, during any one year, the amount of which said bond shall be fixed by order of the district court based thereon, conditioned that said treasurer shall, as provided in this article, pay over and account for all assessments so collected by him. Said bond after approval by the board of directors shall be deposited with the secretary of the district who shall be custodian thereof, and who shall produce the same for inspection and use as evidence whenever and wherever lawfully required to do so.
Source: L. 22: p. 60, § 51. C.L. § 9565. L. 31: p. 215, § 1. CSA: C. 138, § 176. CRS 53: § 30-5-13. C.R.S. 1963: § 29-5-13.
Structure Colorado Code
Title 37 - Water and Irrigation
Article 5 - Financial Administration
§ 37-5-103. Power to Borrow Money for the Preliminary Fund
§ 37-5-104.5. Determination of Special Benefits - Factors Considered
§ 37-5-105. Payment of Assessments
§ 37-5-108. Power to Borrow Money for the Maintenance Fund
§ 37-5-109. Readjustment of Maintenance Fund Assessments
§ 37-5-111. Manner of Collection - Tax Sale - Certificate of Purchase - Tax Deed
§ 37-5-112. Collection by Civil Action
§ 37-5-113. Bond of County Treasurer
§ 37-5-114. Lien of Conservancy Assessments
§ 37-5-115. Assessment Records Prima Facie Evidence
§ 37-5-116. Remedy for Defective Assessments
§ 37-5-117. Duties of Officers of Public Corporations as to Assessments
§ 37-5-118. Penalty for Failure of Treasurer to Pay Over Tax