Colo. Rev. Stat. § 11-57-206

Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session
Section 11-57-206 - Fixed and variable rates of interest for securities - agreement with third party for interest determinations

The act of issuance authorizing the issuance of any securities or any trust indenture or other instrument created by such act of issuance may fix a rate or rates of interest, or provide for the determination of the rate or rates from time to time, by a designated agent according to the procedure specified in that act of issuance or other instrument. An issuing authority of a public entity may contract with or select any person to make such determinations.

C.R.S. § 11-57-206

L. 2000: Entire part added, p. 135, § 1, effective August 2.