§ 17-265. Trust funds.

Latest version.

All moneys received pursuant to the authority of this division, whether as proceeds from the sale of bonds or the pledged funds, shall be deemed to be trust funds, to be held and applied solely as provided in this division and in the bond resolution. Such pledged funds may be invested by the county, or its designee, in such manner as provided in the bond resolution.

(Ord. No. 92-35, § 5, 11-10-92)

                    
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