The Corporation may secure a bond by a trust agreement between the Corporation and a corporate trustee. A corporate trustee may be any trust company or bank that has the powers of a trust company in or outside the State. A corporation or trust company incorporated in the State may: act as depository of bond proceeds or revenues; and furnish an indemnity bond or pledge security that the Corporation requires. The trust agreement or the resolution that provides for the issuance of a bond may: state the rights and remedies of bondholders and any trustee; contain provisions to protect and enforce the rights and remedies of bondholders; contain covenants stating the duties of the Corporation as to the custody, safeguarding, and application of money; restrict the individual rights of action of bondholders; provide for the payment of the bond proceeds and revenues to an officer, board, or depository that the Corporation determines with the safeguards and restrictions that the Corporation determines; and provide for the method of disbursement of the bond proceeds and revenues, with the safeguards and restrictions that the Corporation determines. Expenses incurred in carrying out a trust agreement may be treated as part of the cost of operation of the Corporation.