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The DC Code: § 9-912 Pledge of funds.

Index9 Transportation Systems. (Refs & Annos)

All monies received pursuant to the provisions of this chapter, whether as proceeds form the sale of bonds, as revenues, or as grants, appropriations, or other funds provided by federal, state, or local governments, may be pledged to the payment of bonds issued by the Authority and, if so pledged, shall be considered to be trust funds to be held and applied solely as provided in this chapter.

Historical and Statutory

Prior Codifications 1981 Ed., § 7-1262. DC CODE § 9-912 Current through December 11, 2012

Credits

(Dec. 3, 1985, D.C. Law 6-67, § 13, 32 DCR 6093.)