Stanley M. Raine


Denver, Colorado

Phone: 303.299.8254

Fax: 303.298.0940

Areas Of Emphasis


  • Juris Doctor, Harvard Law School, 1978
    • cum laude
  • Bachelor of Science, University of Pennsylvania, 1975
    • summa cum laude

Stanley "Stan" Raine, a member of Sherman & Howard’s Public Finance department, has extensive experience as bond counsel on complex revenue and project-based financings.

This includes single family mortgage revenue, multi-family housing revenue, utility revenue, general airport revenue and unemployment compensation revenue bonds, and bank direct purchase transactions.  In Colorado, he is the lead lawyer for bond counsel work for the Colorado Housing and Finance Authority, Metro Wastewater Reclamation District, and several local housing authorities. Stan specializes in complex financings, as well as more “traditional” variable rate, multi-modal, credit-supported transactions.


  • Represents governmental entities and banks in public finance transactions.
  • Particular emphasis on housing finance and other project-based revenue transactions.
  • Federally Insured Multi-Family Housing Loan Program Pass-Through Revenue Bonds.
  • Single Family Program Bonds (GNMA Securities Program).
  • Taxable Single Family Mortgage LIBOR Index Rate Bonds.
  • Colorado Unemployment Compensation Fund Special Revenue Bonds.
  • Nevada Unemployment Compensation Fund Special Revenue Bonds.
  • Airport System Subordinate Lien Revenue Bonds.
  • Airport Passenger Facility Charge Refunding Revenue Bonds.
  • General Obligation (Limited Tax) (Additionally Secured By Pledged Airport System Revenues) Airport Bonds.
  • Jet Aviation Fuel Tax Revenue Bonds.
  • Sewer Improvement and Refunding Bonds.

Professional Activities

  • National Association of Bond Lawyers (NABL)


  • Best Lawyers in America, “Lawyer of the Year” Public Finance Law, Colorado (2020)
  • Best Lawyers in America, Public Finance Law, Colorado (2007-2021)
  • Super Lawyers (2009-2010)
  • American College of Bond Counsel, Fellow
  • Phi Beta Kappa