§ 78-77. Maximum interest rate.

Latest version.

No bond shall bear interest at any time at a rate exceeding the maximum interest rate as shall be established by the council for the series of bonds of which such bond is a part.

(Code 1981, § 27-78; Ord. No. 551, § 28, 5-14-1964; Ord. No. 1643, § 5, 2-18-1980; Ord. No. 2294, § 5, 7-7-1986)

State law reference

Interest borne by bonds, C.R.S. § 31-25-535.

                    
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