CONNECTICUT STATUTES AND CODES
Sec. 10a-187a. Pledge by state as to limitation or alteration of rights vested in authority.
Sec. 10a-187a. Pledge by state as to limitation or alteration of rights vested in
authority. The state of Connecticut does hereby pledge to and agree with the holders
of any bonds and notes issued under this chapter and with those parties who may enter
into contracts with the authority or its successor agency pursuant to the provisions of
this chapter that the state will not limit or alter the rights hereby vested in the authority
until such obligations, together with the interest thereon, are fully met and discharged
and such contracts are fully performed on the part of the authority, provided nothing
contained herein shall preclude such limitation or alteration if and when adequate provision shall be made by law for the protection of the holders of such bonds and notes of
the authority or those entering into such contracts with the authority. The authority is
authorized to include this pledge and undertaking for the state in such bonds and notes
or contracts.
(P.A. 92-261, S. 9, 17.)
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