Subject to any agreement with the holders of its revenue bonds, the corporation may:

1. (1) Invest its moneys not required for immediate use, including proceeds from the sale of revenue bonds, in any investment in accordance with procedures prescribed in a trust indenture; and
2. (2) Purchase its revenue bonds out of any fund or money of the corporation available therefor, and hold, cancel, or resell the revenue bonds.

[L 1994, c 264, pt of §1]