Colorado § 29-4-1110 Agreement of the state not to limit or alter rights of obligees

Colorado Statutes

§ 29-4-1110 — Agreement of the state not to limit or alter rights of obligees

Colorado·Title 29 Government·Art. Housing

The state pledges and agrees with the holders of any bonds issued under this part
11 and with those parties who enter into contracts with the authority that the state
will not impair the rights vested in the authority or the rights or obligations of any
person with which the authority contracts to fulfill the terms of any agreements
made pursuant to this part 11. The state further agrees that it will not impair the
rights or remedies of the holders of any bonds of the authority until the bonds have
been paid or until adequate provision for payment has been made. The authority
may include this provision and undertaking for the state in the bonds.

Free access — add to your briefcase to read the full text and ask questions with AI

The state pledges and agrees with the holders of any bonds issued under this part
11 and with those parties who enter into contracts with the authority that the state
will not impair the rights vested in the authority or the rights or obligations of any
person with which the authority contracts to fulfill the terms of any agreements
made pursuant to this part 11. The state further agrees that it will not impair the
rights or remedies of the holders of any bonds of the authority until the bonds have
been paid or until adequate provision for payment has been made. The authority
may include this provision and undertaking for the state in the bonds.

Colorado § 29-4-1110 (Agreement of the state not to limit or alter rights of obligees) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.