Pledge

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    (a)    The Corporation may pledge or assign:

        (1)    any of its revenues;

        (2)    any of its rights to receive revenues;

        (3)    money and securities in accounts established to secure a bond; and

        (4)    a lien or security interest granted or assignment made to the Corporation.

    (b)    A pledge or assignment:

        (1)    is valid and binding against any person having a claim against the Corporation, in contract, tort, or otherwise, regardless of whether the person has notice of the pledge or assignment; and

        (2)    has priority over the claim.

    (c)    A resolution, trust agreement, assignment, financing agreement, or other instrument that creates a lien, security interest, assignment, or pledge under subsection (a) of this section:

        (1)    shall be filed in the records of the Corporation; but

        (2)    need not be filed or recorded elsewhere.


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