§206E-157  Revenue bonds; special funds. 
(a)  A separate special fund shall be established for each public facility
financed from the proceeds of the revenue bonds secured under the same trust
indenture.  Each fund shall be designated "public facility revenue bond
special fund" and shall bear additional designation as the authority deems
appropriate to properly identify the fund.



(b)  Notwithstanding any other law to the
contrary, including particularly section 206E-16, all revenues, income, and
receipts derived from the public facility for which the revenue bonds are
issued shall be paid into the public facility revenue bond fund established for
that public facility and applied as provided in the proceedings authorizing the
issuance of the revenue bonds. [L 1985, c 268, pt of §1]