2016 Colorado Revised Statutes
Title 32 - Special Districts
Special District Act
Article 1 - Special District Provisions
Part 14 - Composition or Adjustment of Indebtedness of Local Taxing Districts
§ 32-1-1403. Petition

CO Rev Stat ยง 32-1-1403 (2016) What's This?

Any insolvent taxing district is hereby authorized to file a petition authorized by federal bankruptcy law and to take any and all action necessary or proper to carry out the plan filed with said petition, or any modification of such plan thereafter accepted in writing by said district, if such original or modified plan is approved pursuant to federal bankruptcy law.

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