All moneys received pursuant to the authority of this part, whether as proceeds from the sale of bonds or as revenues, tolls, and earnings, shall be deemed trust funds to be held and applied solely as provided in this part. The bondholders paying or entitled to receive the benefit of such funds shall have a lien on all such funds until applied as provided for in any resolution or trust indenture of the association.
Section: Previous 12-3-207 12-3-208 12-3-209 12-3-210 12-3-211 12-3-212 12-3-213 12-3-214 12-3-215 12-3-216 12-3-217 12-3-218 12-3-219 12-3-220 NextLast modified: October 14, 2016