All moneys received pursuant to the authority of this article,
whether as proceeds from the sale of bonds or as revenues, shall be
deemed to be trust funds to be held and applied solely as provided in
this article. 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 hereof,
subject to such regulations as this article and the resolution
authorizing the bonds of any issue or the trust agreement securing such
bonds may provide.
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