Revenues of authority; trust funds

Florida Statutes

Section: 616.259

Jurisdiction: FL

Bluebook Citation: Fla. Stat. § 616.259

Revenues of authority; trust funds. — All moneys received pursuant to the authority of this part, whether as proceeds from the sale of revenue bonds or as revenues, shall be deemed to be trust funds. Proceeds from the sale of revenue bonds shall be held and applied as provided by law. Revenues of the authority shall be held and applied, consistent with law, as provided by resolutions of the authority.

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