Nothing in this article shall constitute authority to enter into a contract which in any way creates any debt or obligation upon the state on account of the construction of buildings or improvements; but buildings and improvements erected on lands under the control of the board of trustees and devoted to the uses of Colorado Mesa university under the terms of this article and the leasehold interest shall be exempt from taxation so far as permitted by the state constitution.
Source: L. 2003: Entire article R&RE, p. 783, § 5, effective July 1. L. 2011: Entire section amended, (SB 11-265), ch. 292, p. 1364, § 11, effective August 10.
Editor's note: This section is similar to former § 23-53-109 as it existed prior to 2003.
Cross references: For the legislative declaration in the 2011 act amending this section, see section 1 of chapter 292, Session Laws of Colorado 2011.