The income or other revenues of the authority, all properties at any time owned by the authority, any bonds issued by the authority, and the transfer of and the income from any bonds issued by the authority shall be exempt from all taxation and assessments in the state. In the resolution or indenture authorizing the bonds, the authority may waive the exemption from federal income taxation for interest on the bonds. Bonds issued by the authority shall be exempt from the provisions of article 51 of title 11, C.R.S.
Source: L. 87: Entire part added, p. 1856, § 1, effective August 27.
Structure Colorado Code
Part 5 - Public Highway Authority Law
§ 43-4-502. Legislative Declaration
§ 43-4-504. Creation of Authorities
§ 43-4-505. Board of Directors
§ 43-4-506.5. Traffic Laws - Toll Collection
§ 43-4-507. Local Improvement Districts
§ 43-4-508. Value Capture Areas
§ 43-4-510. Cooperative Powers
§ 43-4-511. Powers of Governmental Units
§ 43-4-513. Notice - Opportunity for Comment
§ 43-4-514. Notice - Coordination of Information - Report
§ 43-4-516. Agreement of the State Not to Limit or Alter Rights of Obligees
§ 43-4-518. Bonds Eligible for Investment
§ 43-4-519. Exemption From Taxation - Securities Laws
§ 43-4-520. No Action Maintainable
§ 43-4-521. Termination of Revenue-Raising Powers
§ 43-4-522. Judicial Examination of Powers, Acts, Proceedings, or Contracts of an Authority