2016 Colorado Revised Statutes
Title 32 - Special Districts
Special Statutory Districts
Article 9 - Regional Transportation District Act
§ 32-9-136. Limitation upon payment

CO Rev Stat ยง 32-9-136 (2016) What's This?

The payment of securities shall not be secured by any encumbrance, mortgage, or other pledge of property of the district, other than revenues, proceeds of sales taxes, or any other moneys pledged for the payment of the securities. No property of the district, subject to said exception, shall be liable to be forfeited or taken in payment of the securities.

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