2005 Connecticut Code - Sec. 13a-198j. Pledge to bondholders.
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.
History: P.A. 74-342 deleted provision re payment of bond principal, redemption premium and interest from highway debt service fund.
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