Current with changes from the 2024 Legislative Session
(a) The Corporation may pledge or assign: (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.