R.I. Gen. Laws § 46-25-64
Current through 2024 Public Law 457
The state of Rhode Island does hereby pledge to and agree with the holders of any revenue bonds or revenue notes issued under §§ 46-25-58 - 46-25-66, that the state will not limit or alter the rights hereby vested in the commission to fulfill the terms of any agreements made with the holders until the revenue bonds or revenue notes, together with the interest thereon, with interest on any unpaid installments of interest, and all costs and expenses in connection with any action or proceeding by or on behalf of the holders, are fully met and discharged. The commission is authorized to include this pledge and agreement of the state in any agreement with the holders of the revenue bonds or revenue notes.
R.I. Gen. Laws § 46-25-64