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U.S. Code as of:
01/19/04
Section 1574c. Priority for payment of principal and interest of revenue bonds or other obligations
Each issue of bonds or other obligations issued under subsection
(a) of section 1574a of this title shall have a parity lien with
every other issue of bonds or other obligations issued for payment
of principal and interest out of revenues received under section
7652(b)(3) of title 26, except that issues guaranteed under section
1574b of this title shall have priority, according to the date of
issue, over issues not so guaranteed and the revenues received
under section 7652(b)(3) of title 26 shall be pledged for the
payment of such bonds or other obligations.
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