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Section 43-3-208 - Bond proceeds — Colorado Law | CourtGPT
  1. Home/
  2. Laws/
  3. Colorado/
  4. Title 43 - Transportation General and Administrative (§§ 43-1-101 — 43-1-1604)/
  5. Special Highway Construction/
  6. Article 3 - Special Highway Construction/
  7. Part 2 - Turnpikes/
  8. Section 43-3-208 - Bond proceeds
Colorado Legal Code

Section 43-3-208 - Bond proceeds

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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.L. 49: p. 606, § 8. CSA: C. 143, § 125(8). CRS 53: § 120-8-8. C.R.S. 1963: § 120-8-8.