Wyoming Statutes
§ 9-7-114 — State pledge not to impair bondholder's rights and remedies
Wyoming·Title 09 Administration of the Government·Ch. 7 COMMUNITY DEVELOPMENT, AND SCIENCE, TECHNOLOGY·Art. 1 COMMUNITY DEVELOPMENT AUTHORITY
The state pledges to the holders of any bonds issued under this
act, 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.
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Nearby Sections
15
§ 9-7-101
Short title§ 9-7-102
Legislative findings§ 9-7-103
Definitions§ 9-7-110
Community development authority; revenue bonds;
debt service reserve funds; use of monies therein§ 9-7-112
Exemptions from taxation; exceptions§ 9-7-113
Bonds as legal investments