The board of county commissioners shall not borrow money for the purposes stated in section 30-11-107, except as provided in section 30-11-107 (1)(dd), without having first submitted the question of such loan to a vote of the electors of the county and without a majority of the voters legally qualified to vote and voting on that question having voted therefor.
Source: G.L. § 447. G.S. § 540. R.S. 08: § 1214. C.L. § 8683. CSA: C. 45, § 30. CRS 53: § 36-1-8. C.R.S. 1963: § 36-1-8. L. 91: Entire section amended, p. 733, § 4, effective May 1.
Cross references: For authority of county to contract debts, see § 6 of art. XI, Colo.
Const.