Connecticut Statutes
§ 42b-13 — State covenant not to amend this chapter in any manner impairing federal income tax exemption for interest on registered public obligations.
Connecticut·Title 42b Registered Obligations of Public Entities·Ch. 748 Registered Public Obligations
The state hereby covenants with the owners of any registered public obligations that it will not amend or repeal this chapter if the effect may be to impair the exemption from income taxation of interest on registered public obligations.
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Connecticut § 42b-13 (State covenant not to amend this chapter in any manner impairing federal income tax exemption for interest on registered public obligations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(P.A. 83-519, S. 13, 23.)
Nearby Sections
15
§ 42b-1
Definitions.§ 42b-14
Severability clause.