Colorado Code § 32-9-145

Limitations upon liabilities. Neither the directors nor any person executing
Open in Lexace · Ask the AI about this section
any district securities issued under this article shall be liable personally on the securities by
reason of the issuance thereof. Securities issued pursuant to this article shall not in any way
create or constitute any indebtedness, liability, or obligation of the state or of any political
subdivision thereof, except the district, and nothing in this article shall be construed to authorize
the district to incur any indebtedness on behalf of or in any way to obligate the state or any
political subdivision thereof, except the district.

‹ 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.