State Codes and Statutes

Statutes > Georgia > Title-20 > Chapter-3 > Article-5 > 20-3-175

O.C.G.A. 20-3-175 (2010)
20-3-175. Moneys received deemed trust funds


All moneys received pursuant to the authority of this article, whether as proceeds from the sale of revenue bonds; as grants or other contributions; or as revenues, rents, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this article.

State Codes and Statutes

Statutes > Georgia > Title-20 > Chapter-3 > Article-5 > 20-3-175

O.C.G.A. 20-3-175 (2010)
20-3-175. Moneys received deemed trust funds


All moneys received pursuant to the authority of this article, whether as proceeds from the sale of revenue bonds; as grants or other contributions; or as revenues, rents, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this article.

State Codes and Statutes

State Codes and Statutes

Statutes > Georgia > Title-20 > Chapter-3 > Article-5 > 20-3-175

O.C.G.A. 20-3-175 (2010)
20-3-175. Moneys received deemed trust funds


All moneys received pursuant to the authority of this article, whether as proceeds from the sale of revenue bonds; as grants or other contributions; or as revenues, rents, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this article.