O.C.G.A.
O.C.G.A. § 32-10-14 (2019)
Designation of moneys received pursuant to article as trust funds
✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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All moneys received pursuant to this article, whether as proceeds from the sale of bonds or as revenues, tolls, and earnings, shall be deemed trust funds to be held and applied solely as provided in this article; and the bondholders paying or entitled to receive the benefit of such funds shall have a lien on all such funds until applied as provided for in any resolution or trust indentures of the authority.
History
Ga. L. 1953, Jan.-Feb. Sess., p. 626, § 35; Ga. L. 1955, p. 124, § 36; Ga. L. 1967, p. 385, § 35; Code 1933,
§ 95A-1235, enacted by Ga. L. 1973, p. 947, § 1.