The pledge of revenue of an authority to the payment of the principal or interest on bonds or notes of the authority is valid and binding from the time the pledge is made, and the revenue is immediately subject to the lien of the pledge without physical delivery or further act. The lien of a pledge is valid and binding against all parties having claims of any kind against the authority irrespective of whether those parties have notice of the lien of the pledge.
Section: Previous 29.35.600 29.35.605 29.35.610 29.35.615 29.35.620 29.35.625 29.35.630 29.35.635 29.35.640 29.35.645 29.35.650 29.35.655 29.35.660 29.35.665 29.35.670 NextLast modified: November 15, 2016