Trust fund.

Checkout our iOS App for a better way to browser and research.

All moneys and other property of any nature or description received by the corporation pursuant to the provisions of this chapter, whether as proceeds from the issuance of bonds or as revenues or otherwise, and all income of any nature or description derived directly or indirectly therefrom, are deemed to be trust funds to be held and applied solely as provided in this chapter.

History of Section.
P.L. 1991, ch. 3, § 4.


Download our app to see the most-to-date content.