Sec. 3-22d. Terms of issuance of college savings bonds.
Sec. 3-22d. Terms of issuance of college savings bonds. In the proceedings authorizing the issuance of college savings bonds, the State Bond Commission may covenant on behalf of the state with or for the benefit of the holders of such bonds as to all
matters deemed advisable by said commission, including the terms and conditions for
creating and maintaining sinking funds, reserve funds and such other special funds as
may be created in such proceedings, separate and apart from all other funds and accounts
of the state, and such officials may make such other covenants as may be deemed necessary or desirable to assure the prompt payment of the principal of and interest on such
bonds.
(P.A. 88-299, S. 4, 6.)