§ 36-8-235 — Pledge by state to bondholders

Wyoming § 36-8-235

• Jurisdiction: Wyoming
• Title 36: Public Land
• Ch. 8: STATE PARKS AND RESERVES
• Art. 2: WYOMING YELLOWSTONE PARK COMMISSION

Text

The state of Wyoming does pledge to and agrees with the holders
of the bonds issued pursuant to this act that the state will not
limit or alter the rights herein vested in the commission to
acquire, lease, license, construct, improve, extend,
reconstruct, maintain, repair and operate the project, to
establish and collect the revenues, rates, rentals, admission
fees and other charges referred to in this act and to fulfill
the terms of any agreements made with the holders of the bonds,
or in any way impair the rights and remedies of such
bondholders, until the bonds together with interest thereon,
interests on any unpaid installments of interest, and all costs
and expenses in connection with any action or proceedings by or
on behalf of the bondholders are fully met and discharged.