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2020 Colorado Revised Statutes
Title 37 - Water And Irrigation
Article 25. Bonds
Section 37-25-106. Additional bonds - election - priority.
Universal Citation: CO Rev Stat § 37-25-106 (2020)
When the money provided by any previous issue of bonds has become exhausted by authorized expenditures and it becomes necessary to raise additional money for such purposes, additional bonds may be issued by submitting the question at a special election to the qualified voters of said district and otherwise complying with the provisions of this article in respect to an original issue of bonds. The lien for taxes, for the payment of the interest and principal of any previous bond issue, shall be a prior lien to that of any subsequent bond issue.
Source: L. 11: p. 326, § 66. C.L. § 2185. CSA: C. 57, § 86. CRS 53: § 47-6-6. C.R.S. 1963: § 47-6-6.
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