Connecticut § 13a-198j Pledge to bondholders.

Connecticut Statutes

§ 13a-198j — Pledge to bondholders.

Connecticut § 13a-198j

Title 13aHighways and Bridges

Ch. 240Highway Financing

This text of Connecticut § 13a-198j (Pledge to bondholders.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 13a-198j (2026).

Text

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.

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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.

Legislative History

(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.