Colorado Code § 35-65-308

Prior lien of bonds
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(1) Except as otherwise provided in the resolution
authorizing the bonds, all bonds of the same issue under this part 3 shall have a prior and
paramount lien on the net revenues of the additional facilities acquired or provided pursuant to
this part 3 for which the bonds have been issued and contributions from nonstate sources for
such facilities. The board may provide for preferential security for any bonds, both principal and
interest, to be issued under this part 3 to the extent deemed feasible and desirable by such board
over any bonds that may be issued thereafter.
(2) Bonds of the same issue or series issued under this part 3 shall be equally and ratably
secured, without priority by reason of number, date, sale, execution, or delivery, by a lien on the
net revenue pledged in accordance with the terms of the resolution authorizing the bonds.

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