§49-12  Lien and charge of revenue bonds. Unless otherwise provided in the resolution or resolutions, all revenue bondsof the same issue, subject to the prior and superior rights of outstandingrevenue bonds, claims, or obligations, shall have a prior and paramount lienand charge on the revenue, or the user taxes, or combination of both, pledgedto the payment thereof, of the undertaking or loan program for which therevenue bonds have been issued, over and ahead of all bonds of any issuepayable from the revenue, or user taxes, or combination of both, which may besubsequently issued and over and ahead of any claims or obligations of anynature against the revenue, or user taxes, or combination of both, subsequentlyarising or subsequently incurred.  All revenue bonds of the same issue shall beequally and ratably secured without priority by reason of number, date ofbonds, of sale, of execution, or of delivery, by a lien and charge on therevenue or user taxes, or combination of both, pledged to the payment thereof,in accordance with this chapter and the resolution or resolutions authorizingthe revenue bonds. [L 1989, c 80, pt of §3]