§ 35-12-13 - Agreement of the state. - Rhode Island Statutes

SECTION 35-12-13

   § 35-12-13  Agreement of the state. –The state does hereby pledge to and agree with the holders of any notes issuedunder this chapter, that the state will not limit or alter the rights vested inthe corporation to fulfill the terms of any agreements made with the holdersuntil these notes, together with the interest thereon, with interest on anyunpaid installments of interest, and all costs and expenses in connection withany action or proceeding by or on behalf of holders, are fully met anddischarged. The corporation is authorized to include this pledge and agreementof the state in any agreement with the holders of notes.