The resolution of the board providing for the issuance of bonds or the trust indenture
may contain provisions for protecting and enforcing the rights and remedies of the
bondholders that are reasonable, proper, and not in violation of law, including covenants
setting forth the duties of the state, the board, and the departments, boards, or
agencies of state government in relation to the construction, reconstruction, improvement,
maintenance, and repair of the highway projects financed with the proceeds of the
bonds and the custody, safeguarding, and application of all money. The trust indenture may set forth the rights and remedies of the bondholders customary
in trust indentures, deeds of trusts, and mortgages securing bonds or debentures of
corporations. No enumeration of particular powers granted by this section impairs any general grant
of power contained in this part.
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