Rhode Island § 46-25-55 § 46-25-55. Noteholders' rights not to be affected by state.

Rhode Island Statutes

§ 46-25-55 — § 46-25-55. Noteholders' rights not to be affected by state.

Rhode Island § 46-25-55

Title 46Waters and Navigation

Ch. 46-25Narragansett Bay Commission

This text of Rhode Island § 46-25-55 (§ 46-25-55. Noteholders' 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 § 46-25-55 (2026).

Text

§ 46-25-55. Noteholders' rights not to be affected by state.
The state does hereby pledge to and agree with the holders of any notes issued under
            this chapter, that the state will not limit or alter the rights hereby vested in the
            commission to fulfill the terms of any agreements made with the holders until the
            notes, together with the interest thereon, 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 the holders, are fully met and discharged. The commission is authorized
            to include this pledge and agreement of the state in any agreement with the holders
 

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§ 46-25-55. Noteholders' rights not to be affected by state.

The state does hereby pledge to and agree with the holders of any notes issued under this chapter, that the state will not limit or alter the rights hereby vested in the commission to fulfill the terms of any agreements made with the holders until the notes, together with the interest thereon, 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 the holders, are fully met and discharged. The commission is authorized to include this pledge and agreement of the state in any agreement with the holders of the notes.