All money received from any bonds, notes or other obligations issued under this chapter shall be applied solely to the payment of the costs of the department, the costs of the turnpikes, the turnpike extensions and improvements and the toll road conversions, including the reconstruction of the converted roads as provided for in this chapter and the repayment to the Federal Treasury of any funds so required to be repaid pursuant to any special legislation passed by the Congress of the United States authorizing the conversion of toll-free roads to toll roads or to the appurtenant fund. There is created and granted a lien upon the money, until so applied, in favor of holders of the bonds, notes or other obligations or the trustee provided for in this chapter in respect of the bonds, notes or other obligations.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Section 8101 - Scope of chapter
Section 8104 - Status of turnpike revenue bonds, notes or other obligations
Section 8106 - Exercise of commission powers
Section 8107 - Commission powers and duties
Section 8108 - Expenses and bonding of commission members
Section 8109 - Acquisition of property rights by commission
Section 8110 - Procedural requirements of acquisition
Section 8111 - Entry and possession of property condemned
Section 8112 - Issuance of turnpike revenue bonds or other obligations
Section 8113 - Obligation proceeds restricted and lien created
Section 8114 - Trust indenture authorized
Section 8115 - Commission and obligations tax exempt
Section 8116 - Collection and disposition of tolls and other revenue
Section 8117 - Electronic toll collection
Section 8118 - Refunding bonds
Section 8119 - Rights of obligation holders and trustees
Section 8120 - Authority granted to secretary