§ 37-5-606 — State pledge not to impair bondholder's rights and remedies

Wyoming § 37-5-606

• Jurisdiction: Wyoming
• Title 37: Public Utilities
• Ch. 5: WYOMING PIPELINE AUTHORITY AND WYOMING
• Art. 6: FINANCING OF OTHER PROJECTS

Text

The state pledges to the holders of any bonds issued under this
article that the state will not limit or alter the rights vested
in the authority to fulfill the terms of agreements made with
the holders, or in any way impair the rights and remedies of the
holders until the bonds together with the 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 the holders are fully met and discharged. The
authority is authorized to include this pledge of the state in
any agreement with the holders of the bonds.