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Section 11-57-206 - Fixed and variable rates of interest for securities - agreement with third party for interest determinations — Colorado Law | CourtGPT
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  8. Section 11-57-206 - Fixed and variable rates of interest for securities - agreement with third party for interest determinations
Colorado Legal Code

Section 11-57-206 - Fixed and variable rates of interest for securities - agreement with third party for interest determinations

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