Time period must end on business day

Colo. Rev. Stat. § 24-32-1712, under Government - State.

Colo. Rev. Stat. § 24-32-1712

If the last day of any period described in this part 17 is not a business day, then the last day of such period shall be the next business day thereafter; except that, if the last day of any period is December 23 or December 29, and December 23 or December 29 is not a business day, then the last day of such period shall be the next preceding business day.

Source: L. 87: Entire part added, p. 996, � 1, effective May 20.

24-32-1713. Effect of mortgage credit certificate election or issuance of bonds without allocation. Any issuing authority which issues bonds or makes a mortgage credit certificate election prior to the receipt by the issuing authority of a related allocation, or in excess of the allocation, or after the relinquishment of the allocation, or in respect of which a form 8038 or a mortgage credit certificate election form is not filed within the prescribed time period shall not have an allocation of the state ceiling pursuant to this part 17.

Source: L. 87: Entire part added, p. 996, � 1, effective May 20.