Colorado Code § 23-20-125

Anticipation warrants
Open in Lexace · Ask the AI about this section
The state treasurer is authorized to issue anticipation
warrants in such amounts as requested by the board of regents of the university of Colorado, the
total amount of which shall not exceed four million dollars, to be repaid exclusively from the
user revenues accruing to the university of Colorado research building revolving fund as
provided in sections 23-20-123 to 23-20-125 or from revenues and net income of any other
designated enterprise auxiliary facilities that are pledged to the repayment of such anticipation
warrants pursuant to sections 23-5-102 and 23-5-103, or any combination thereof; such
anticipation warrants shall bear interest at a rate not exceeding four percent per annum except
those issued on or after February 15, 1968, which shall bear interest not exceeding six percent
per annum, and shall not be sold at a price less than the face value thereof. Disbursements from
said fund shall be only by warrant upon vouchers certified by the board of regents of the
university of Colorado.

‹ Prev All Colorado sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.