reglab/housing_qa huggingface dataset:
CO Code § 11-54-104 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-104. Method of Issuance

 Any public securities issued for refunding purposes either may be delivered in exchange for the outstanding public securities being refunded or may be publicly or privately sold.   History. Source: L. 63: P. 888, § 4. C.R.S. 1963: § 125-8-4. History. Source: L. 63: P. 888, § 4. C.R.S. 1963: § 125-8-4.
CO Code § 11-54-105 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-105. Limitations Upon Issuance

 No public securities may be refunded under this article unless the holders thereof voluntarily surrender them for exchange or payment, or unless they either mature or are callable for prior redemption under their terms within ten years from the date of issuance of the refunding public securities. Provision shall be made for paying the public securities within said period of time. No maturity of any public security refunded may be extended over fifteen years, nor may the net effective interest rate of the issue of refunding securities be increased to any rate exceeding the maximum net effective interest rate authorized by the governing body. The principal amount of the refunding public securities may exceed the principal amount of the refunded public securities if the aggregate principal and interest costs of the refunding public securities do not exceed such unaccrued costs of the public securities refunded, except to the extent any interest on the public securities refunded in arrears or about to become due is capitalized with the proceeds of refunding public securities. The principal amount of the refunding public securities may also be less than or the same as the principal amount of the public securities being refunded so long as provision is duly and sufficiently made for their payment. The limitations of this section shall not apply to the refunding of public securities in order to avoid default.   History. Source: L. 63: P. 888, § 5. C.R.S. 1963: § 125-8-5. L. 70: P. 109, § 4. History. Source: L. 63: P. 888, § 5. C.R.S. 1963: § 125-8-5. L. 70: P. 109, § 4.
CO Code § 11-54-106 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-106. Use of Proceeds of Refunding Public Securities

  The proceeds of refunding public securities shall either be immediately applied to the retirement of the public securities to be refunded or be placed in escrow in any state or national bank within the state which is a member of the federal deposit insurance corporation to be applied to the payment of the public securities upon their presentation therefor; but, to the extent any incidental expenses have been capitalized, such security proceeds may be used to defray such expenses; and any accrued interest and any premium appertaining to a sale of refunding public securities may be applied to the payment of the interest thereon and the principal thereof, or both interest and principal, or may be deposited in a reserve therefor, as the governing body may determine.    No such escrow shall necessarily be limited to proceeds of refunding public securities but may include other moneys available for its purpose. Any escrowed proceeds, pending such use, may be invested or reinvested in securities meeting the investment requirements established in part 6 of article 75 of title 24, C.R.S. Such escrowed proceeds and investments, together with any interest to be derived from any such investment, shall be in an amount at all times sufficient as to principal, interest, any prior redemption premium due, any charges of the escrow agent payable therefrom to pay the public securities being refunded as they become due at their respective maturities or due at designated prior redemption dates in connection with which the governing body of the issuer shall exercise a prior redemption option. No purchaser of any public security issued under this article shall in any manner be responsible for the application of the proceeds thereof by the issuer or any of its officers, agents, or employees.     History. Source: L. 63: P. 888, § 6. C.R.S. 1963: § 125-8-6. L. 89: (2) amended, p. 1106, § 6, effective July 1. History. Source: L. 63: P. 888, § 6. C.R.S. 1963: § 125-8-6. L. 89: (2) amended, p. 1106, § 6, effective July 1.
CO Code § 11-54-107 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-107. Payment of Refunding Public Securities

 Refunding public securities may be made payable from any revenues derived from any utility, system, project, or other source which might be legally pledged for the payment of the public securities being refunded at the time of the refunding or at the time of the issuance of the public securities being refunded, as the governing body of the issuer may determine, notwithstanding the pledge of such revenues for the payment of the outstanding public securities being refunded is thereby modified; but there shall not be pledged for the payment of the refunding public securities any revenues which might not have been lawfully pledged for the payment of the public securities being refunded because of limitations in any question authorizing their issuance, unless the refunding public securities are similarly authorized at an election by the majority required by law for the issuance of the public securities being refunded.   History. Source: L. 63: P. 889, § 7. C.R.S. 1963: § 125-8-7. History. Source: L. 63: P. 889, § 7. C.R.S. 1963: § 125-8-7.
CO Code § 11-54-108 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-108. Combination of Refunding and Other Public Securities

 Public securities for refunding and public securities for any other authorized purpose may be issued separately or issued in combination in one series or more by the same issuer.   History. Source: L. 63: P. 889, § 8. C.R.S. 1963: § 125-8-8. History. Source: L. 63: P. 889, § 8. C.R.S. 1963: § 125-8-8.
CO Code § 11-54-109 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-109. Supplemental Provisions

 Except as specifically provided or necessarily implied in this article, the relevant provisions in this article appertaining generally to the public securities being refunded shall be equally applicable in the authorization and issuance of refunding public securities, including their terms and security, the public security ordinance, trust indenture, use and service charges, and other aspects of the public securities.   History. Source: L. 63: P. 891, § 9. C.R.S. 1963: § 125-8-9. History. Source: L. 63: P. 891, § 9. C.R.S. 1963: § 125-8-9.
CO Code § 11-54-110 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-110. Governing Body's Determination Final

 The determination of the governing body of the issuer that the limitations under this article imposed upon the issuance of refunding public securities have been met shall be conclusive in the absence of fraud or arbitrary and gross abuse of discretion.   History. Source: L. 63: P. 891, § 10. C.R.S. 1963: § 125-8-10. History. Source: L. 63: P. 891, § 10. C.R.S. 1963: § 125-8-10.
CO Code § 11-54-112 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-112. Signatures on Public Securities

  The public securities and any coupons bearing the signatures of officers in office on the date of the signing thereof shall be valid and binding obligations of the issuer, notwithstanding that before the delivery thereof and payment therefor any of the persons whose signatures appear thereon shall have ceased to be officers of the issuer.    Any officer authorized or permitted to sign any public security or interest coupon, at the time of its execution and of the execution of a signature certificate, may adopt as and for his own facsimile signature the facsimile signature of his predecessor in office in the event that such facsimile signature appears upon the public security or coupons appertaining thereto, or upon both the public security and such coupons.     History. Source: L. 63: P. 892, § 12. C.R.S. 1963: § 125-8-12. History. Source: L. 63: P. 892, § 12. C.R.S. 1963: § 125-8-12.
CO Code § 11-54-114 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-114. Incontestable Recital in Public Securities

 Any ordinance authorizing, or any trust indenture or other instrument appertaining to, any public securities under this article may provide that each authorized public security shall recite that it is issued under authority of this article. Such recital shall conclusively impart full compliance with all of the provisions of this article, and all public securities issued containing such recital shall be incontestable for any cause whatsoever after their delivery for value.   History. Source: L. 63: P. 895, § 14. C.R.S. 1963: § 125-8-14. History. Source: L. 63: P. 895, § 14. C.R.S. 1963: § 125-8-14.
CO Code § 11-54-115 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-115. Cumulative and Continuing Rights of Holders of Public Securities

  No right or remedy conferred upon any holder of any public security or of any coupon appertaining thereto or any trustee for such holder by this article or by any other law or proceedings appertaining thereto is exclusive of any other right or remedy, but each such right or remedy is cumulative and in addition to every other right or remedy and may be exercised without exhausting and without regard to any other remedy conferred by this article or by any other law.    The failure of any holder of any public securities or coupon issued under this article to proceed as provided in any proceedings appertaining to the issuance of such public security or coupon shall not relieve the issuer, its governing body, or any of its officers, agents, and employees of any liability for failure to perform or carry out any duty, obligation, or other commitment.     History. Source: L. 63: P. 895, § 15. C.R.S. 1963: § 125-8-15. History. Source: L. 63: P. 895, § 15. C.R.S. 1963: § 125-8-15.
CO Code § 11-54-116 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-116. Construction of Article

 The powers conferred by this article shall be in addition and supplemental to and not in substitution for, and the limitations imposed by this article shall not affect, the powers conferred by any other law. Public securities may be issued under this article without regard to the provisions of any other law, except as otherwise provided in this article expressly or by necessary implication. Insofar as the provisions of this article are inconsistent with the provisions of any other law, the provisions of this article shall be controlling.   History. Source: L. 63: P. 895, § 16. C.R.S. 1963: § 125-8-16. History. Source: L. 63: P. 895, § 16. C.R.S. 1963: § 125-8-16.
CO Code § 11-54-117 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-117. Validation

 All outstanding refunding public securities of the state and of all public bodies thereof, and all acts and proceedings had or taken, or purportedly had or taken prior to April 27, 1963, by or on behalf of the state or any public body thereof under law or under color of law preliminary to and in the authorization, execution, sale, issuance, and payment, or any combination thereof, of all such public securities are hereby validated, ratified, approved, and confirmed, including but not necessarily limited to the terms, provisions, conditions, and covenants of any ordinance appertaining thereto, the redemption of public securities before maturity and provisions therefor, the levy and collection of rates, tolls, and charges and other revenues appertaining to such public securities, and the acquisition and application of such other revenues, the pledge and use of the proceeds thereof, and the establishment of liens thereon and funds therefor, appertaining to such public securities, except as provided in this article, notwithstanding any lack of power, authority, or otherwise, other than constitutional, and notwithstanding any defects and irregularities, other than constitutional, in such public securities, acts, and proceedings, and in such authorization, execution, sale, issuance, and payment, including without limiting the generality of the foregoing such acts and proceedings appertaining to such public securities all or any part of which have not been issued nor purportedly issued prior to April 27, 1963. Such outstanding public securities are and shall be, and such public securities not issued nor purportedly issued prior to said date shall be, after their issuance, binding, legal, valid, and enforceable obligations of the state or the public body issuing them in accordance with their terms and their authorizing proceedings, subject to the taking or adoption of acts and proceedings not had nor taken nor purportedly had nor taken prior to April 27, 1963, but required by and in substantial and due compliance with laws appertaining to any such public securities not issued nor purportedly issued prior to said date.   History. Source: L. 63: P. 896, § 17. C.R.S. 1963: § 125-8-17. History. Source: L. 63: P. 896, § 17. C.R.S. 1963: § 125-8-17.
CO Code § 11-54-118 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-118. Effect - Limitations

 This article shall operate to supply such legislative authority as may be necessary to validate any refunding public security issued and any such acts and proceedings taken prior to April 27, 1963, which the general assembly could have supplied or provided for in the law under which such public securities were issued and such acts or proceedings were taken. This article shall be limited to the validation of public securities, acts, and proceedings to the extent to which the same can be effectuated under the state and federal constitutions. Also this article shall not operate to validate, ratify, approve, confirm, or legalize any public security, act, proceeding, or other matter the legality of which is being contested or inquired into in any legal proceeding now pending and undetermined, and shall not operate to confirm, validate, or legalize any public security, act, proceeding, or other matter which has been determined prior to April 27, 1963, in any legal proceedings to be illegal, void, or ineffective.   History. Source: L. 63: P. 896, § 18. C.R.S. 1963: § 125-8-18. History. Source: L. 63: P. 896, § 18. C.R.S. 1963: § 125-8-18.
CO Code § 11-54-119 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 54 - Refunding Revenue Securities Law|§ 11-54-119. Liberal Construction

 This article being necessary to secure the public health, safety, convenience, and welfare, it shall be liberally construed to effect its purposes.   History. Source: L. 63: P. 897, § 19. C.R.S. 1963: § 125-8-19. History. Source: L. 63: P. 897, § 19. C.R.S. 1963: § 125-8-19.
CO Code § 11-55-101 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 55 - Uniform Facsimile Signature of Public Officials Act|§ 11-55-101. Short Title

 Sections 11-55-101 to 11-55-106 shall be known and may be cited as the “Uniform Facsimile Signature of Public Officials Act”.   History. Source: L. 69: R&RE, p. 1082, § 1. C.R.S. 1963: § 125-6-1. History. Source: L. 69: R&RE, p. 1082, § 1. C.R.S. 1963: § 125-6-1.
CO Code § 11-55-102 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 55 - Uniform Facsimile Signature of Public Officials Act|§ 11-55-102. Definitions

 As used in this article, unless the context otherwise requires:    “Authorized officer” means any official of this state or any of its departments, agencies, institutions, or other instrumentalities, or any of its political subdivisions, whose signature to a public security or instrument of payment is required or permitted.    “Facsimile signature” means a reproduction by engraving, imprinting, stamping, or other means of the manual signature of an authorized officer.    “Instrument of payment” means a check, draft, warrant, or order for the payment, delivery, or transfer of funds.    “Public security” means a bond, note, or other obligation for the payment of money, issued by this state or by any of its departments, agencies, institutions, or other instrumentalities, or by any of its political subdivisions.     History. Source: L. 69: R&RE, p. 1082, § 1. C.R.S. 1963: § 125-6-2. History. Source: L. 69: R&RE, p. 1082, § 1. C.R.S. 1963: § 125-6-2.
CO Code § 11-55-103 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 55 - Uniform Facsimile Signature of Public Officials Act|§ 11-55-103. Facsimile Signature

  Any authorized officer, after filing with the secretary of state his manual signature certified by him under oath, may execute or cause to be executed with a facsimile signature in lieu of his manual signature:   Any public security, but at least one signature required or permitted to be placed thereon shall be manually subscribed; and    Any instrument of payment.       Upon compliance with this article by the authorized officer, his facsimile signature has the same legal effect as his manual signature.     History. Source: L. 69: R&RE, p. 1082, § 1. C.R.S. 1963: § 125-6-3. History. Source: L. 69: R&RE, p. 1082, § 1. C.R.S. 1963: § 125-6-3.    Cross references:   For effect of facsimile signatures on sewer system revenue bonds, see § 31-35-404 (7) .
CO Code § 11-55-104 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 55 - Uniform Facsimile Signature of Public Officials Act|§ 11-55-104. Use of Facsimile Seal

 When the seal of this state or of any of its departments, agencies, institutions, or other instrumentalities, or of any of its political subdivisions, is required in the execution of a public security or instrument of payment, the authorized officer may cause the seal to be printed, engraved, stamped, or otherwise placed in facsimile thereon. The facsimile seal has the same legal effect as the impression of the seal.   History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-4. History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-4.
CO Code § 11-55-105 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 55 - Uniform Facsimile Signature of Public Officials Act|§ 11-55-105. Violation - Penalty

 Any person who with intent to defraud uses on a public security or an instrument of payment: A facsimile signature, or any reproduction of it, of any authorized officer; or any facsimile seal, or any reproduction of it, of this state or any of its departments, agencies, institutions, or other instrumentalities, or of any of its political subdivisions, commits a class 6 felony and shall be punished as provided in section 18-1.3-401 , C.R.S.   History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-5. L. 77: Entire section amended, p. 871, § 28, effective July 1, 1979. L. 89: Entire section amended, p. 823, § 15, effective July 1. L. 2002: Entire section amended, p. 1472, § 44, effective October 1. History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-5. L. 77: Entire section amended, p. 871, § 28, effective July 1, 1979. L. 89: Entire section amended, p. 823, § 15, effective July 1. L. 2002: Entire section amended, p. 1472, § 44, effective October 1.    Editor's note:   The effective date for amendments made to this section by chapter 216, L. 77, was changed from July 1, 1978, to April 1, 1979, by chapter 1, First Extraordinary Session, L. 78, and was subsequently changed to July 1, 1979, by chapter 157, § 23, L. 79. See People v. McKenna, 199 Colo. 452 , 611 P.2d 574 (1980).   Cross references:   For the legislative declaration contained in the 2002 act amending this section, see section 1 of chapter 318, Session Laws of Colorado 2002.
CO Code § 11-55-106 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 55 - Uniform Facsimile Signature of Public Officials Act|§ 11-55-106. Uniformity of Interpretation

 This article shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it.   History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-6. History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-6.
CO Code § 11-55-107 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 55 - Uniform Facsimile Signature of Public Officials Act|§ 11-55-107. Limitations on Actions Brought

  No action based upon any public security authorized and issued on or after July 1, 1969, shall be commenced more than eighteen years after the final maturity date of the issue of which such public security is one.    No action based upon any public security issued prior to July 1, 1969, shall be commenced more than eighteen years after the final maturity date of the issue of which such public security is one.    No action based upon any claim for interest accrued on any public security, whether said claim is evidenced by interest coupons or not, shall be commenced after action based upon said public security has been barred.    The provisions of this section shall be inoperative as to any public security unless the treasurer of the issuing political subdivision at least six months and not more than twelve months prior has sent to the holder of record of such public security, at his last known address as shown on the books of such treasurer, a notice of the provisions of this section. A copy of such letter of notice held in such treasurer's records shall be conclusive proof that the requirements of this subsection (4) have been complied with.     History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-7. History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-7.
CO Code § 11-55-108 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 55 - Uniform Facsimile Signature of Public Officials Act|§ 11-55-108. Trust or Fiduciary Relationship Between Issuer and Holder

 Any trust or fiduciary relationship between the issuer of any public security and the holder thereof, regarding the principal of or interest on such security, shall be conclusively presumed to have been repudiated on the maturity date of such security unless the same is presented for payment before the expiration of the applicable limitation period set forth in sections 11-55-107 to 11-55-110 .   History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-8. History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-8.
CO Code § 11-55-109 (2021)
2021 Colorado Code|Title 11 - Financial Institutions|Article 55 - Uniform Facsimile Signature of Public Officials Act|§ 11-55-109. Moneys to Revert to General or Other Fund

 Any public moneys from whatever source derived remaining in any fund or account reserved, pledged, or otherwise held for payment of the principal of or interest on any public security on which action for collection has been barred shall revert to the general fund of the issuing authority.   History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-9. History. Source: L. 69: R&RE, p. 1083, § 1. C.R.S. 1963: § 125-6-9.