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Colo. Rev. Stat. § 43-3-215 Legislative declaration
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It is declared that the total interest payable on bonds issued pursuant to the provisions of sections 43-3-201 to 43-3-214 may be reduced by granting to the transportation commission the additional powers set forth in this part 2 in connection with the refunding of said bonds as …
Colo. Rev. Stat. § 43-3-216 Additional powers
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(1) In addition to the powers conferred upon it, the transportation commission has the power: (a) To establish escrow accounts in any bank within the state of Colorado which is a member of the federal deposit insurance corporation under protective agreements in amounts sufficient…
Colo. Rev. Stat. § 43-3-217 Execution
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Said refunding bonds may be executed in accordance with article 55 of title 11, C.R.S. Source: L. 63: p. 797, § 3. C.R.S. 1963: § 120-8-17.
Colo. Rev. Stat. § 43-3-218 Bonds legal investments
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It is lawful for the bonds issued pursuant to this part 2 to be purchased by any bank, trust company, savings and loan association, investment company and association, executor, administrator, guardian, trustee, and other fiduciary. Public entities, as defined in section 24-75-60…