Title 32, Chapter 10, Section 73
( 32-10-73)
All moneys received pursuant to the authority of this article,
whether as proceeds from the sale of revenue bonds or as revenues,
tolls, and earnings, shall be deemed to be trust funds to be held
and applied solely as provided in this article. The bondholders
paying or entitled to receive the benefits of such bonds shall have
a lien on all such funds until applied as provided for in any
resolution or trust indenture of the authority. |