Colo. Rev. Stat. § 11-57-206
Fixed and variable rates of interest for securities - agreement with third party for interest determinations
Colorado · Colorado Revised Statutes Title 11 — Financial Institutions · Status: effective
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- Citation
- Colo. Rev. Stat. § 11-57-206, Fixed and variable rates of interest for securities - agreement with third party for interest determinations, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2289605
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Full text
The act of issuance authorizing the issuance of any securities or any trust indenture or other instrument created by such act of issuance may fix a rate or rates of interest, or provide for the determination of the rate or rates from time to time, by a designated agent according to the procedure specified in that act of issuance or other instrument. An issuing authority of a public entity may contract with or select any person to make such determinations.