Section 30-20-620 - Bonds negotiable - interest

All bonds issued pursuant to section 30-20-619(1) and (2) shall be negotiable in form and shall bear such interest as may be fixed by the board, not exceeding a maximum net effective interest rate specified by the board, prior to the use of said bonds in payment for improvements or the sale thereof.L. 73: p. 489, § 1. C.R.S. 1963: § 36-30-19. L. 85: Entire section amended, p. 1075, § 9, effective May 24. L. 86: Entire section amended, p. 1060, § 34, effective July 1. L. 87: Entire section amended, p. 1214, § 9, effective May 7.This section was originally numbered as § 30-20-619 in C.R.S. 1973 but was renumbered on revision in the 1977 replacement volume for ease of location.