Indiana Statutes
§ 8-18-22-13 — State covenant not to impair bondholder rights and remedies
The general assembly pledges to and
covenants with the owner of any bonds issued under this chapter that
the general assembly will not limit or alter the ability of the county to
fulfill the terms of the agreements or pledges made with bondholders
or in any way impair the rights or remedies of the bondholders until the
bonds and related obligations are fully met and discharged.
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Legislative History
As added by P.L.113-1989, SEC.9.
Nearby Sections
15
§ 8-1-1-11
Staff of commission§ 8-1-1-12
Repealed§ 8-1-1-13
Repealed§ 8-1-1-14
Annual report§ 8-1-1-15
Implementing rules; duration§ 8-1-1-16
Commission to consider effect of governmental requirements upon
utility's operational expenses§ 8-1-1-4
Repealed§ 8-1-1-4.1
Payment of expenses§ 8-1-1-6
Repealed