§ 11-59-103. Definitions
As used in this article 59, unless the context otherwise requires: “Appraisal” shall have the same meaning as provided in section 12-10-602 (1). “Bond” means any bond, debenture, or other obligation authorized to be issued by any special district, municipal general improvement district, municipal special improvement district, county local improvement district, or county public improvement […]
§ 11-59-119. Collection of Fees – Division of Securities Cash Fund
A fee payable under this article shall be deemed paid when the securities commissioner receives the payment. The securities commissioner shall transmit all fees collected under this article to the state treasurer, who shall credit the same to the division of securities cash fund created by section 11-51-707. Moneys credited to the division of securities […]
§ 11-59-104. General Powers of Securities Commissioner
The securities commissioner is hereby empowered to administer and enforce all provisions of this article and to provide the division with such books, records, files, and printing and other supplies and such officers and clerical and other assistance as may be necessary in the commissioner’s discretion to perform the duties required of the securities commissioner […]
§ 11-59-120. Effective Date
The rule-making authority of the securities commissioner and the provisions of section 11-59-104 (1) and section 11-59-105 shall take effect July 1, 1991, and, unless otherwise provided, all other provisions of this article shall take effect January 1, 1992. Source: L. 91: Entire article added, p. 2422, § 1, effective January 1, 1992.
§ 11-59-105. Colorado Municipal Bond Supervision Advisory Board – Creation
There is hereby created the Colorado municipal bond supervision advisory board, to be composed of three members of the general assembly, one municipal securities broker-dealer representative, one representative of a county, one representative of a municipality, one representative of a special district, one representative of banks that act as indenture trustees for municipal bond offerings, […]
§ 11-59-106. Requirement for Registration of District Bonds
It is unlawful for any district to issue bonds or for any other person to make a distribution of such bonds unless they are first registered with the securities commissioner under section 11-59-108 or unless the issuance of bonds is exempted under section 11-59-110. Source: L. 91: Entire article added, p. 2411, § 1, effective […]
§ 11-59-107. General Registration Provisions
An application for registration of bonds may be filed by the district proposing to issue the bonds or a broker-dealer licensed or exempt under article 51 of this title acting on behalf of such district. Every application for registration shall be accompanied by a fee, which shall be determined and collected pursuant to section 11-59-119. […]
§ 11-59-108. Registration of Bonds
An issuance of bonds may be registered by a district under this article. An application for registration of bonds under this section shall contain full and fair disclosure of all material facts respecting the bonds offered, including the following information, shall state the title of the bonds and the number and amount being registered under […]
§ 11-59-109. Denial, Suspension, or Revocation of Registration
The securities commissioner may issue a stop order denying effectiveness to, or suspending or revoking the effectiveness of, any application for registration, if the securities commissioner finds that the order is in the public interest and any one of the following grounds exists: The application for registration as of its effective date, or as of […]
§ 11-59-110. Exemptions From Registration
Subject to the requirements of subsection (2) of this section, the following issues of bonds by a district are exempted from all of the provisions of sections 11-59-104 and 11-59-106: Bonds issued on or before December 31, 1991; Any issue of general obligation bonds where the total obligation represented by the issue together with any […]