§ 15-7-507 — Revenues; deposit in fund; uses thereof

(a) All revenues derived from the operation of the
sewerage system shall be set aside as collected and deposited in
a special fund to be used only for:
(i) Paying the cost of operating and maintaining the
system;
(ii) Providing an adequate depreciation fund; and
(iii) Paying the principal and interest on the bonds
issued under this article.