[§163D-12]  Revenue bonds; investment ofproceeds, and redemption.  Subject to any agreement with the holders of itsrevenue bonds, the corporation may:

(1)  Invest its moneys not required for immediate use,including proceeds from the sale of revenue bonds, in any investment inaccordance with procedures prescribed in a trust indenture; and

(2)  Purchase its revenue bonds out of any fund ormoney of the corporation available therefor, and hold, cancel, or resell therevenue bonds. [L 1994, c 264, pt of §1]