Prepayment arrangement not a general obligation indebtedness

Colo. Rev. Stat. § 39-1.5-107, under Prepayment of Ad Valorem Taxes.

Colo. Rev. Stat. § 39-1.5-107

Any arrangement for prepayment of ad valorem taxes under this article shall not be construed to be a general obligation indebtedness.

Source: L. 81: Entire article added, p. 1841, § 1, effective May 28.