Alaska Constitution
Article 22, § 4 — No Notes or Bonds of State Impaired Hereby
Alaska Const. art. 22, § 4
Alaska Const. art. 22, § 4 (No Notes or Bonds of State Impaired Hereby) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Bluebook
Alaska Const. art. 22, § 4.
Full Text
Nothing herein shall ever be construed, applied or administered so as to impair any right of any holder of any bond, note or other obligation heretofore issued or assumed by the state and now outstanding; but this amendment shall in every respect be construed, applied and administered so as fully to protect all the legal rights of all such holders.
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History
Effective: 1937-01-12; This amendment was declared adopted by the Speaker of the House of Representatives on January 12, 1937; however, according to Section 5, it did not officially take effect until the provisions of Section 3 were carried out.