Except as otherwise provided in the authorizing resolution of the board, all securities of the same issue or series shall, subject to the prior rights of outstanding securities, claims, and other obligations, have a prior lien on the revenues pledged for the payment of the securities.
Source: L. 69: p. 722, § 1. C.R.S. 1963: § 89-20-32. L. 2000: Entire section amended, p. 309, § 7, effective April 5.
Structure Colorado Code
Article 9 - Regional Transportation District Act
§ 32-9-102. Legislative Declaration
§ 32-9-104. Liberal Construction
§ 32-9-105. Creation of District
§ 32-9-106.6. Additional District Areas as a Result of Annexation
§ 32-9-106.7. Additional District Area - Petition or Election - Required Filings - Definitions
§ 32-9-106.9. District Area - Town of Castle Rock in Douglas County
§ 32-9-107. Mass Transportation System
§ 32-9-107.5. Regional Fixed Guideway Mass Transit System - Authorization
§ 32-9-107.7. Regional Fixed Guideway Mass Transit Systems - Construction - Authorization
§ 32-9-109.5. Board of Directors - Membership - Powers
§ 32-9-111. Election of Directors - Dates - Terms
§ 32-9-112. Vacancies - Appointments - Recall
§ 32-9-114. Board's Administrative Powers
§ 32-9-115. Records of Board - Audits
§ 32-9-117. Compensation of Directors
§ 32-9-118. Conflicts in Interest Prohibited
§ 32-9-119. Additional Powers of District
§ 32-9-119.3. Elections for Sales Tax Rate Increase
§ 32-9-119.4. Election for a Sales Tax Rate Increase - Petition Requirement
§ 32-9-119.7. Cost Efficiency of Transit Services - Reporting - Plans
§ 32-9-120. Levy of Taxes - Limitations
§ 32-9-121. Levies to Cover Deficiencies
§ 32-9-122. Levying and Collecting Taxes - Lien
§ 32-9-123.5. Prohibition on Borrowing by District
§ 32-9-124. Forms of Borrowing
§ 32-9-126. Issuance of Warrants
§ 32-9-127. Maturities of Notes and Warrants
§ 32-9-128. Incurrence of Special Obligations
§ 32-9-128.5. Private Activity and Exempt Facility Bonds
§ 32-9-129. Issuance of Temporary Bonds
§ 32-9-130. Issuance of Interim Notes
§ 32-9-131. Pledge of Proceeds of Sales Taxes and Revenues
§ 32-9-132. Ranking Among Different Issues
§ 32-9-133. Ranking in Same Issue
§ 32-9-134. Payment Recital in Securities
§ 32-9-135. Incontestable Recital in Securities
§ 32-9-136. Limitation Upon Payment
§ 32-9-140. Sale of Securities
§ 32-9-141. Application of Proceeds
§ 32-9-142. Use of Unexpended Proceeds
§ 32-9-143. Covenants in Security Proceedings
§ 32-9-144. Remedies of Security Holders
§ 32-9-145. Limitations Upon Liabilities
§ 32-9-146. Interest After Maturity
§ 32-9-148. Issuance of Interim Notes
§ 32-9-150. Election Resolution
§ 32-9-151. Conduct and Costs of Elections
§ 32-9-156. District - Tax Exempted
§ 32-9-158. Merger, Consolidation, or Assumption of District
§ 32-9-159. Freedom From Judicial Process