25 Pa. Stat. § 3035.8

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 3035.8 - Commonwealth not to impair bond-related obligations.

The Commonwealth pledges that it shall not do any of the following:

(1) Limit or alter the rights and responsibilities of the authority or the department under this article, including the responsibility to:
(i) Pay bond obligations and bond administrative expenses; and
(ii) Comply with any other instrument or agreement pertaining to bonds.
(2) Alter or limit the service agreement under Section 1104-B(b).
(3) Impair the rights and remedies of the holders of bonds, until each bond issued at any time and the interest on the bond, are fully met and discharged.

25 P.S. § 3035.8

Added by P.L. TBD 2019 No. 77, § 3.1, eff. 10/31/2019.