1997 Florida Code
TITLE XXVI PUBLIC TRANSPORTATION
Chapter 338 Florida Intrastate Highway System And Toll Facilities
338.229 Pledge to bondholders not to restrict certain rights of department.
338.229 Pledge to bondholders not to restrict certain rights of department.--The state does pledge to, and agree with, the holders of the bonds issued pursuant to ss. 338.22-1338.244 that the state will not limit or restrict the rights vested in the department to construct, reconstruct, maintain, and operate any turnpike project as defined in ss. 338.22-1338.244 or to establish and collect such tolls or other charges as may be convenient or necessary to produce sufficient revenues to meet the expenses of maintenance and operation of the turnpike system and to fulfill the terms of any agreements made with the holders of bonds authorized by this act and that the state will not in any way impair the rights or remedies of the holders of such bonds until the bonds, together with interest on the bonds, are fully paid and discharged.
History.--s. 14, ch. 28128, 1953; ss. 23, 35, ch. 69-106; s. 195, ch. 84-309; s. 8, ch. 88-286.
1Note.--Repealed by s. 8, ch. 94-237.
Note.--Former s. 340.14.
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