Funds Received Pursuant to This Chapter to Be Held in Trust

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All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of revenue bonds, as grants or other contributions, or as revenues, rents, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this chapter.

(Code 1981, §20-16-15, enacted by Ga. L. 2006, p. 783, § 1/SB 562.)


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