Sec. 11. All Moneys Received Are Trust Funds and May Be Temporarily Invested. Notwithstanding any other provisions of law to the contrary, all moneys received
pursuant to the authority of this chapter are trust funds to be held and applied solely
as provided in this chapter. The resolution authorizing any obligations, or the trust agreement securing the
same, may provide that any of such moneys may be temporarily invested pending the
disbursement thereof, and shall provide that any officer with whom, or any bank or
trust company with which, such moneys shall be deposited shall act as trustee of such
moneys and shall hold and apply the same for the purposes of this chapter, subject
to such regulations as this chapter and such resolution or trust agreement may provide.
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