All moneys received from any bonds issued pursuant to this part 2 shall be applied solely to the payment of the cost of the turnpike project or to the appurtenant fund, and there is hereby created and granted a lien upon such moneys until so applied in favor of holders of such bonds or the trustee provided for in respect of such bonds.
Source: L. 49: p. 606, § 8. CSA: C. 143, § 125(8). CRS 53: § 120-8-8. C.R.S. 1963: § 120-8-8.
Structure Colorado Code
Article 3 - Special Highway Construction
§ 43-3-201. Legislative Declaration
§ 43-3-202. Powers Granted to Department
§ 43-3-202.5. Public-Private Initiatives - Legislative Declaration
§ 43-3-206. Payment of Bonds - Use and Disposition of Fund
§ 43-3-211. Rights of Bondholders
§ 43-3-212.5. Disposition of Tolls - When Bonds Issued
§ 43-3-212.6. Disposition of Tolls - When Bonds Not Issued
§ 43-3-213. No Debt Authorized
§ 43-3-214. Succession of Powers and Duties
§ 43-3-215. Legislative Declaration