Laserfiche WebLink
<br />.: <br /> <br />KUT AK ROCK LLP <br /> <br />Colorado Water Conservation Board <br />December 10,2004 <br />Page 2 <br /> <br />3. there are no provisions in the Colorado Constitution or any other State or local <br />law applicable to the District that prevent the Loan- Contract from binding the District; and <br /> <br />4. <br />the CWCB <br /> <br />the Loan Contract will be valid and binding against the District if entered into by <br /> <br />The rights ofCWCB and the enforceability of the Loan Contract and the Loan Resolution <br />may be limited by bankruptcy, insolvency, reorganization, moratorium and other similar laws <br />affecting creditors' rights generally and by equitable.principles, whether considered at law or in <br />equity. <br /> <br />This opinion is given as of the date hereof and we assume no obligation to update, revise <br />or supplement this opinion to reflect any facts or circumstances that may hereafter come to our <br />attention or any changes. in law that may hereafter occur. <br /> <br /> <br />cc: Chad Henderson, <br />Acting Contract Manager, CWCB <br />Richard H.H. Whittet, <br />District Manager, L TWD <br /> <br />02-]92901 I <br />