Statutes, codes, and regulations
CODE OF GEORGIA
Title 32 - HIGHWAYS, BRIDGES, AND FERRIESChapter 10 - PUBLIC AUTHORITIESArticle 1 - GEORGIA HIGHWAY AUTHORITY
Part 1 - GENERAL PROVISIONS
Section 32-10-14 - Designation of moneys received pursuant to article as trust funds

Ga. Code § 32-10-14

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Current through 2023-2024 Legislative Session Chapter 709
Section 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.

OCGA § 32-10-14