20.21 - Reserve fund.

§ 20.21. Reserve fund. A trust may create and establish a reserve fund  to  secure  the  bonds of a trust and may pay into such reserve fund any  monies which may be made available to the trust for the purposes of such  fund from  any  source,  including  without  limitation  tax-equivalency  payments.  The monies held in or credited to any such reserve fund shall  be used only in accordance with the proceedings under  which  the  bonds  shall be issued or as provided by special law.