2010 Georgia Code 32-10-14 Case Law
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One Click Case Law for § 32-10-14
O.C.G.A. § 32-10-133 <-- --> O.C.G.A. §32-10-15



2010 Georgia Code

TITLE 32 - HIGHWAYS, BRIDGES, AND FERRIES

CHAPTER 10 - PUBLIC AUTHORITIES
ARTICLE 1 - GEORGIA HIGHWAY AUTHORITY
PART 1 - GENERAL PROVISIONS
§ 32-10-14 - Designation of moneys received pursuant to article as trust funds

O.C.G.A. 32-10-14 (2010)
32-10-14. Designation of moneys received pursuant to article as trust funds


All moneys received pursuant to this article, whether as proceeds from the sale of bonds or as revenues, tolls, and earnings, shall be deemed trust funds to be held and applied solely as provided in this article; and the bondholders paying or entitled to receive the benefit of such funds shall have a lien on all such funds until applied as provided for in any resolution or trust indentures of the authority.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com