Colorado § 35-65-308 - Prior lien of bonds.
Full text of Colorado Colorado Revised Statutes § 35-65-308 — Prior lien of bonds., with citation guidance and answers to common questions.
§ 35-65-308. Prior lien of bonds.
(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.
Source: L. 75: Entire part added, p. 1355, § 1, effective July 14. L. 83: (1) amended, p. 1372, § 12, effective June 2. L. 89: (1) amended, p. 1414, § 8, effective July 1. L. 97: (1) amended, p. 819, § 11, effective June 30.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 35-65-308
What does Colorado Revised Statutes § 35-65-308 cover?
Section 35-65-308 ("Prior lien of bonds.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 35-65-308?
A common citation format is "Colorado Revised Statutes § 35-65-308" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 35-65-308 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.