2016 Colorado Revised Statutes
Title 32 - Special Districts
Special Statutory Districts
Article 9 - Regional Transportation District Act
§ 32-9-142. Use of unexpended proceeds
Any unexpended balance of such security proceeds remaining after the completion of the purposes for which such securities were issued shall be credited immediately to the fund or account created for the payment of the principal of said securities and shall be used therefor, subject to the provisions as to the times and methods for their payment as stated in the securities and the proceedings authorizing or otherwise appertaining to their issuance, or so paid into a reserve therefor.
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