2016 Colorado Revised Statutes
Title 32 - Special Districts
Special Statutory Districts
Article 9 - Regional Transportation District Act
§ 32-9-123.5. Prohibition on borrowing by district

CO Rev Stat ยง 32-9-123.5 (2016) What's This?

Notwithstanding any other provision of this article, the district shall not borrow money for the purpose of acquisition, construction, continuing construction, or operation of mass transit facilities during the period from January 1, 1990, through May 9, 1990, and, during such time period, the district shall not issue any district securities evidencing such borrowing.

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