§ 32-10-73 - Designation of moneys received pursuant to article as trust funds

O.C.G.A. 32-10-73 (2010)
32-10-73. Designation of moneys received pursuant to article as trust funds


All moneys received pursuant to the authority of this article, whether as proceeds from the sale of revenue bonds or as revenues, tolls, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this article. The bondholders paying or entitled to receive the benefits of such bonds shall have a lien on all such funds until applied as provided for in any resolution or trust indenture of the authority.