Colo. Rev. Stat. § 35-65-308
Prior lien of bonds
Colorado · Colorado Revised Statutes Title 35 — Agriculture · Status: effective
Cite this
- Citation
- Colo. Rev. Stat. § 35-65-308, Prior lien of bonds, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2315231
- Permanent ID
ys:prov:2315231@1- SHA-256
1f8a49bb5f8831c8d089000a80c3ecb5ea2e9c593e90e194cdb664667dd4905f
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(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.