All funds received pursuant to the authority of this Act [division], whether as proceeds
from the sale of revenue bonds or as revenue, rents, fees, charges, or other earnings
or as grants, gifts, or other contributions shall be deemed to be trust funds to be
held and applied by the authority solely as provided in this Act [division], and the
bondholders entitled to receive the benefits of such funds shall have a lien on all
such funds until the same are applied as provided for in any such resolution or trust
instrument of the authority.
(Acts 1996, p. 4216, § 17)
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