Colo. Rev. Stat. » Title 32
Colorado Revised Statutes

Colo. Rev. Stat. § 32-1-1601 (2026)

Legislative declaration

✓ current as of July 2026
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The general assembly hereby finds and declares that special districts are political subdivisions and instrumentalities of the state of Colorado and local governments thereof. The general assembly further finds that defaults in payment of general obligation debts and the possibility of further defaults by some special districts have resulted in a general loss of confidence by investors in bonds and undertakings of all types issued or to be issued by local governments of the state and have imposed severe hardship on investors in general obligation bonds of special districts and upon owners of residential real property within such districts. The general assembly further finds that this part 16 is necessary to protect the credit reputation of local governments of this state, to restore confidence of investors in local government obligations, and to protect owners of residential real property within special districts.

Source: L. 92: Entire part added, p. 993, § 2, effective July 1.

Notes of Decisions
Cited in 2 cases, 1995–2001 · leading case: Romer v. Fountain Sanitation Dist., 898 P.2d 37 (Colo. 1995).
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Romer v. Fountain Sanitation Dist., 898 P.2d 37 (Colo. 1995). · cites it 5× “The district, as a political subdivision of the state pursuant to section 32-1-1601, 13 C.R.S. (1994 Supp.), 7 possesses only those powers that are expressly conferred upon it by the constitution and by statute and such incidental implied powers as are reasonably necessary to…”
Krupp v. Breckenridge Sanitation Dist., 19 P.3d 687 (Colo. 2001). “See § 32-1-1601, 9 C.R.S. (2000); see also Romer v.”
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