Yes, true....
But resin based fluxes function quite differently than those based on highly reactive acids such as Hydrochloric Acid, as used in plumbers' flux compounds. Clearing resin flux from electrical connections has more to do with subsequent connection quality than ongoing corrosion issues since when cooled, resin has insulating properties.
An excerpt from a Wikipedia entry...
Rosin has good flux properties; it is a mixture of organic acids (resin acids, predominantly abietic acid, with pimaric acid, isopimaric acid, neoabietic acid, dihydroabietic acid, and dehydroabietic acid) which is a glassy solid, virtually nonreactive and noncorrosive at normal temperature but liquid, ionic and mildly reactive to metal oxides at molten state. Rosin tends to soften between 60-70 °C and is fully fluid at around 120 °C; molten rosin is weakly acidic and is able to dissolve thinner layers of surface oxides from copper without further additives. For heavier surface contamination or improved process speed, additional activators can be added.
Mal.