Rhode Island § 16-62-14 § 16-62-14. Bondholders' rights not to be affected by state.

Rhode Island Statutes

§ 16-62-14 — § 16-62-14. Bondholders' rights not to be affected by state.

Rhode Island § 16-62-14

Title 16Education

Ch. 16-62The Rhode Island Student Loan Authority

This text of Rhode Island § 16-62-14 (§ 16-62-14. Bondholders' rights not to be affected by state.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 16-62-14 (2026).

Text

§ 16-62-14. Bondholders' rights not to be affected by state.
The state does pledge to and agree with the holders of any bonds or notes issued under
            this chapter that the state will not limit or alter the rights vested in the authority
            to fulfill the terms of any agreements made with the holders until those bonds or
            notes, together with their interest, with interest on any unpaid installments of interest,
            and all costs and expenses in connection with any action or proceeding by or on behalf
            of those holders, are fully met and discharged. The authority is authorized to include
            this pledge and agreement of the state in any agreement with the holders of

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

§ 16-62-14. Bondholders' rights not to be affected by state.

The state does pledge to and agree with the holders of any bonds or notes issued under this chapter that the state will not limit or alter the rights vested in the authority to fulfill the terms of any agreements made with the holders until those bonds or notes, together with their interest, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceeding by or on behalf of those holders, are fully met and discharged. The authority is authorized to include this pledge and agreement of the state in any agreement with the holders of those bonds or notes.