175.20 - AGREEMENT OF THE STATE.
175.20 AGREEMENT OF THE STATE.
The state pledges and agrees with the holders of any bonds or
notes 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 to impair the rights and remedies of the holders until the
bonds or notes together with the interest on them, plus interest on
unpaid installments of interest, and all costs and expenses in
connection with an action by or on behalf of the holders are fully
met and discharged. The authority may include this pledge and
agreement of the state in any agreement with the holders of bonds or
notes. Section History: Early Form
[C81, § 175.20]