Rhode Island § 46-25-64 § 46-25-64. Agreement of the state of Rhode Island.

Rhode Island Statutes

§ 46-25-64 — § 46-25-64. Agreement of the state of Rhode Island.

Rhode Island·Title 46 Waters and Navigation·Ch. 46-25 Narragansett Bay Commission

§ 46-25-64. Agreement of the state of Rhode Island.
The state of Rhode Island does hereby pledge to and agree with the holders of any
            revenue bonds or revenue notes issued under §§ 46-25-58 — 46-25-66, 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 revenue bonds
            or revenue 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 pl

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§ 46-25-64. Agreement of the state of Rhode Island.

The state of Rhode Island does hereby pledge to and agree with the holders of any revenue bonds or revenue notes issued under §§ 46-25-58 — 46-25-66, 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 revenue bonds or revenue 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 revenue bonds or revenue notes.

Rhode Island § 46-25-64 (§ 46-25-64. Agreement of the state of Rhode Island.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.