Colo. Rev. Stat. § 32-22-111
Agreement of the state not to limit or alter rights of obligees
Colorado · Colorado Revised Statutes Title 32 — Special Districts · Status: effective
Cite this
- Citation
- Colo. Rev. Stat. § 32-22-111, Agreement of the state not to limit or alter rights of obligees, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2313247
- Permanent ID
ys:prov:2313247@1- SHA-256
924442e17c83485cef72f0d5bb9cab6552484f702ed93ed965af5481d6e659cc
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Full text
The state hereby pledges and agrees with the holders of any bonds issued under this article 22 and with any parties who enter into contracts with the district pursuant to this article 22 that the state will not impair the rights vested in the district or the rights or obligations of any person with which the district contracts to fulfill the terms of any agreements made pursuant to this article 22. The state further agrees that it will not impair the rights or remedies of the holders of any bonds of the district until the bonds have been paid or until adequate provision for payment has been made. The district may include this provision and undertaking for the state in such bonds.