Sec. 13a-198j. Pledge to bondholders. - Connecticut Statutes

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Statutes > Connecticut > Title13a > Chap240 > Sec13a-198j

      Sec. 13a-198j. Pledge to bondholders. All of said bonds shall be general obligations of the state and the full faith and credit of the state of Connecticut are pledged for the payment of the principal of and interest on said bonds as the same become due and accordingly, and as part of the contract with the holders of said bonds, appropriation of all amounts necessary for the punctual payment of such principal and interest is hereby made and the Treasurer shall pay such principal and interest as the same shall become due.

      (1969, P.A. 755, S. 18; P.A. 74-342, S. 27, 43.)

      History: P.A. 74-342 deleted provision re payment of bond principal, redemption premium and interest from highway debt service fund.

State Codes and Statutes

Statutes > Connecticut > Title13a > Chap240 > Sec13a-198j

      Sec. 13a-198j. Pledge to bondholders. All of said bonds shall be general obligations of the state and the full faith and credit of the state of Connecticut are pledged for the payment of the principal of and interest on said bonds as the same become due and accordingly, and as part of the contract with the holders of said bonds, appropriation of all amounts necessary for the punctual payment of such principal and interest is hereby made and the Treasurer shall pay such principal and interest as the same shall become due.

      (1969, P.A. 755, S. 18; P.A. 74-342, S. 27, 43.)

      History: P.A. 74-342 deleted provision re payment of bond principal, redemption premium and interest from highway debt service fund.

State Codes and Statutes

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State Codes and Statutes

Statutes > Connecticut > Title13a > Chap240 > Sec13a-198j

      Sec. 13a-198j. Pledge to bondholders. All of said bonds shall be general obligations of the state and the full faith and credit of the state of Connecticut are pledged for the payment of the principal of and interest on said bonds as the same become due and accordingly, and as part of the contract with the holders of said bonds, appropriation of all amounts necessary for the punctual payment of such principal and interest is hereby made and the Treasurer shall pay such principal and interest as the same shall become due.

      (1969, P.A. 755, S. 18; P.A. 74-342, S. 27, 43.)

      History: P.A. 74-342 deleted provision re payment of bond principal, redemption premium and interest from highway debt service fund.