48-153. Prior lien of bonds
All bonds of the same issue under this article shall have a prior and paramount lien
on the revenue of the undertaking for which the bonds have been issued over and ahead of
any claims or other obligations of any nature against that revenue subsequently arising
or subsequently incurred. All bonds of the same issue under this article shall be
equally and ratably secured, without priority by reason of number, date of bonds, sale,
execution or delivery, by a lien on the revenue in accordance with the terms of the
resolution authorizing the bonds.
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