Colo. Rev. Stat. » Title 11
Colorado Revised Statutes

Colo. Rev. Stat. § 11-56-102 (2026)

Legislative declaration - applicability

✓ current as of July 2026
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The general assembly hereby declares that the orderly refunding of any revenue obligation or any general obligation bond and any other lawful general obligation indebtedness by any public body of the state, as defined in section 11-56-103 (7), when advantageous to the public body or persons within the public body, will serve a public use and will promote the health, safety, security, and general welfare of the inhabitants thereof and of the people of the state of Colorado. It is the intent of this article to provide a consistent mechanism for refunding for such public bodies of the state.

Source: L. 77: Entire article added, p. 582, § 1, effective July 1.

Notes of Decisions
Cited in 1 case, 1995–1995 · leading case: In Re City of Colorado Springs Spring Creek Gen. Improvement Dist., 177 B.R. 684 (Bankr.D. Colo. 1995).
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In Re City of Colorado Springs Spring Creek Gen. Improvement Dist., 177 B.R. 684 (Bankr.D. Colo. 1995). · cites it 2× “C.R.S. § 11-56-102. The Refunding Act is to be liberally construed to fulfill this legislative intent.”
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