Colorado Code § 32-11-535

Interest and prior redemption charges. Interest on any district securities or
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on any moneys directly or indirectly advanced by the federal government or any public body and
to be repaid by the district under any contract, and any prior redemption premiums due in
connection with the prepayment of any such securities, and any other prepayment charges due
from the district under any contract, do not constitute indebtedness under this article, except as
otherwise provided in sections 32-11-564 (1)(a) and 32-11-566 (3).

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