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Georgia State Code
Title      31
Chapter       7  
Section Navigation     1 ... 6           7 ... 14    
    15 ... 27           28 ... 37    
    38 ... 56         57 ... 74.3  
    75 ... 81         82 ... 90    
  90.1 ... 111       112 ... 130   
   131 ... 152       153 ... 163   
   164 ... 176.1     177 ... 196   
   197 ... 206       207 ... 257   
   258 ... 282       283 ... 306   
   307 ... 404       405 ... 412     
Section<<< 28 29 30 31 32 33 34 35 36 37 >>>  
Title 31, Chapter 7, Section 37 (31-7-37)

All moneys received pursuant to this article, whether as proceeds from the sale of revenue bonds, as grants or other contributions, or as revenues and earnings, shall be deemed to be trust funds, to be held and applied solely as provided in this article. The authority shall, in the resolution providing for the issuance of revenue bonds or in the trust indenture, provide for the payment of the proceeds of the sale of the bonds and the earnings and revenues to be received to any officer who or any agency, bank, or trust company which shall act as trustee of such funds and shall hold and apply the same to the purposes hereof, subject to such regulations as this article and such resolution or trust indenture may provide.

Sunday May 24 02:22 EDT


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