(a) All moneys received by the authority pursuant to this article, whether as grants or other contributions or as revenues, rents, or earnings, shall be held and applied to the expenses, outstanding bond obligations, and other obligations of the authority.
(b) In the event this authority shall be dissolved, all authority money remaining after the payment of the authority's obligations or provisions for payment thereof shall accrue to the state.
Section: Previous 20-3-201 20-3-202 20-3-203 20-3-204 20-3-205 20-3-206 20-3-207 20-3-208 20-3-209 20-3-210 20-3-211 20-3-212 20-3-213 20-3-214 NextLast modified: October 14, 2016