All funds received pursuant to authority of this article, whether as proceeds from the sale of revenue bonds or as revenues, fees, tolls, charges, or other earnings or as gifts, grants, or other contributions, shall be deemed to be trust funds to be held and applied solely as provided in this article. The bond owners entitled to receive the benefits of such funds shall have a lien on all such funds until applied as provided in any such resolution, trust agreement, or indenture of the authority.
Section: Previous 46-4-112 46-4-113 46-4-114 46-4-115 46-4-116 46-4-117 46-4-118 46-4-119 46-4-120 46-4-121 46-4-122 46-4-123 46-4-124 46-4-125 NextLast modified: October 14, 2016